Rahco Rubber, Inc.

$1,360,432 PPP Loan in Des Plaines, Illinois

Loan Details

Loan Number
4923727103
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,360,432
Current Approval
$1,028,295
Forgiveness Amount
$1,040,121
Forgiveness Date
Jun 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rahco Rubber, Inc.
Address
1633 Birchwood Avenue
ZIP Code
60018
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326299)
Business Age
Existing or more than 2 years old
Jobs Reported
102
Estimated Revenue
$101.2M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$1,028,295

Lender Information

Servicing Lender
First American Bank
Originating Lender
First American Bank

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