Rice Motor Company, Inc.

$117,300 PPP Loan in Carmi, Illinois

Loan Details

Loan Number
4486317001
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$117,300
Current Approval
$117,300
Forgiveness Amount
$118,190
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rice Motor Company, Inc.
Address
1306 W. Main St
City
Carmi
ZIP Code
62821-1386
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$90,000
Rent
$8,200
Utilities
$10,000
Health Care
$9,100

Lender Information

Servicing Lender
The First National Bank of Carmi
Originating Lender
The First National Bank of Carmi

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