Recovered Asset Management, INC

$495,400 PPP Loan in Harvey, Illinois

Loan Details

Loan Number
5124817006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$495,400
Current Approval
$495,400
Forgiveness Amount
$502,033
Forgiveness Date
Aug 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Recovered Asset Management, INC
Address
16400 Lathrop Ave
City
Harvey
ZIP Code
60426-6024
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423930)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$16.5M
Rural/Urban
Urban
Congressional District
IL-02

Loan Use Breakdown

Payroll
$495,400

Lender Information

Servicing Lender
American Commercial Bank & Trust, National Association
Originating Lender
American Commercial Bank & Trust, National Association

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