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
- State
- Illinois
- 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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| Bill Walsh Chevrolet-Cadillac, Inc. | $2,834,200 | |
| Grainco Fs, INC | $2,247,580 | |
| Ottawa Dental Laboratory LLC | $1,912,700 | |
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