Rac Adjustments, Inc.
$542,610 PPP Loan in Cherry Valley, Illinois
Loan Details
- Loan Number
- 5308117100
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $542,610
- Current Approval
- $542,610
- Forgiveness Amount
- $545,549
- Forgiveness Date
- Aug 6, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rac Adjustments, Inc.
- Address
- 1740 S Bell School Road
- City
- Cherry Valley
- State
- Illinois
- ZIP Code
- 61016-9337
- Business Type
- Corporation
- Industry (NAICS)
- Finance and Insurance (524291)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 42
- Estimated Revenue
- $18.5M
- Rural/Urban
- Urban
- Congressional District
- IL-16
Loan Use Breakdown
- Payroll
- $406,958
- Utilities
- $135,652
Lender Information
- Servicing Lender
- Northwest Bank of Rockford
- Originating Lender
- Northwest Bank of Rockford
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