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Illinois Rack Enterprises Inc.

$103,000 PPP Loan in Lakemoor, Illinois

Loan Details

Loan Number
5313217100
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$103,000
Current Approval
$103,000
Forgiveness Amount
$103,999
Forgiveness Date
Apr 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Illinois Rack Enterprises Inc.
Address
480 Scotland Rd
City
Lakemoor
State
Illinois
ZIP Code
60051-3001
Business Type
Corporation
Industry (NAICS)
Manufacturing (332812)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$88,000
Rent
$15,000

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank and Trust National Association

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