Rahn Equipment Company

$76,900 PPP Loan in Danville, Illinois

Loan Details

Loan Number
5425697000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$76,900
Current Approval
$76,900
Forgiveness Amount
$77,338
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rahn Equipment Company
Address
2400 Georgetown Rd
ZIP Code
61832-8425
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423810)
Business Age
Unanswered
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-02

Loan Use Breakdown

Payroll
$57,675
Rent
$19,225

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

Other PPP Loans in Danville, IL

BusinessApproved
Danville Metal Stamping Co, Inc.$6,258,000NewBizBotAI Deep Dive
Mervis Industries INC$3,463,500NewBizBotAI Deep Dive
Sunrise Hospitality, Inc.$1,659,052NewBizBotAI Deep Dive
Group 2029, Inc.$1,644,300NewBizBotAI Deep Dive
Steel Grip, Inc.$1,320,200NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free