R & H Laundromat & Dry Cleaning, INC

$126,500 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
4824347003
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$126,500
Current Approval
$126,500
Forgiveness Amount
$127,389
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
R & H Laundromat & Dry Cleaning, INC
Address
1304 Brooke Road
ZIP Code
61109-1142
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (812310)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$5.7M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$94,875
Utilities
$15,813
Mortgage Interest
$15,812

Lender Information

Servicing Lender
Northwest Bank of Rockford
Originating Lender
Northwest Bank of Rockford

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