Richs Cycle Sales INC

$64,100 PPP Loan in Lockport, Illinois

Loan Details

Loan Number
4864357000
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$64,100
Current Approval
$64,100
Forgiveness Amount
$64,413
Forgiveness Date
Oct 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Richs Cycle Sales INC
Address
14354 S Archer Ave
ZIP Code
60441
Business Type
Corporation
Industry (NAICS)
Retail Trade (441228)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-01

Loan Use Breakdown

Payroll
$51,280
Utilities
$6,410
Mortgage Interest
$6,410

Lender Information

Servicing Lender
Lincolnway Community Bank
Originating Lender
Lincolnway Community Bank

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