National Railway Equipment Co

$6,444,900 PPP Loan in Mount Vernon, Illinois

Loan Details

Loan Number
4368387010
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$6,444,900
Current Approval
$6,073,000
Forgiveness Amount
$6,143,852
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
National Railway Equipment Co
Address
1100 Shawnee St
ZIP Code
62864-5454
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Transportation and Warehousing (488210)
Business Age
Existing or more than 2 years old
Jobs Reported
494
Estimated Revenue
$38.5M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$6,073,000

Lender Information

Servicing Lender
Community First Bank of the Heartland
Originating Lender
Community First Bank of the Heartland

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