Illini Rail Solutions Inc.

$62,995 PPP Loan in Ottawa, Illinois

Loan Details

Loan Number
4793037109
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$62,995
Current Approval
$62,995
Forgiveness Amount
$63,457
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Illini Rail Solutions Inc.
Address
3063 E. 15th Rd.
City
Ottawa
ZIP Code
61350-9617
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (488210)
Business Age
New Business or 2 years or less
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-14

Loan Use Breakdown

Payroll
$50,396
Rent
$9,000
Utilities
$3,599

Lender Information

Servicing Lender
First Federal Savings Bank
Originating Lender
First Federal Savings Bank

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