Rayner Covering Systems, Inc.

$406,200 PPP Loan in South Elgin, Illinois

Loan Details

Loan Number
5451227003
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$406,200
Current Approval
$406,200
Forgiveness Amount
$408,863
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rayner Covering Systems, Inc.
Address
665 Schneider Dr.
ZIP Code
60177-1162
Business Type
Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$44.6M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$406,200

Lender Information

Servicing Lender
Union National Bank
Originating Lender
Union National Bank

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