Rail Exchange, Inc.
$1,031,642 PPP Loan in Chicago Heights, Illinois
Loan Details
- Loan Number
- 5362367106
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,031,642
- Current Approval
- $1,031,643
- Forgiveness Amount
- $1,042,934
- Forgiveness Date
- May 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rail Exchange, Inc.
- Address
- 1150 S State Street
- City
- Chicago Heights
- State
- Illinois
- ZIP Code
- 60411-3700
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (336510)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 38
- Estimated Revenue
- $9.9M
- Rural/Urban
- Urban
- Congressional District
- IL-02
Loan Use Breakdown
- Payroll
- $773,732
- Utilities
- $103,164
- Mortgage Interest
- $154,746
Lender Information
- Servicing Lender
- Beverly Bank & Trust Company, National Association
- Originating Lender
- Beverly Bank & Trust Company, National Association
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