Raycar Gear & Machine Company
$377,955 PPP Loan in Rockford, Illinois
Loan Details
- Loan Number
- 5023107104
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $377,955
- Current Approval
- $377,955
- Forgiveness Amount
- $380,895
- Forgiveness Date
- Jan 27, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
Loan Use Breakdown
- Payroll
- $302,364
- Rent
- $56,693
- Utilities
- $7,559
- Debt Interest
- $11,339
Lender Information
- Servicing Lender
- Byron Bank
- Originating Lender
- Byron Bank
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