Rural King Distribution & Managment, Inc.

$1,153,842 PPP Loan in Olney, Illinois

Loan Details

Loan Number
5493617000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,153,842
Current Approval
$1,153,842
Forgiveness Amount
$1,163,926
Forgiveness Date
Feb 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rural King Distribution & Managment, Inc.
Address
501 N West St Po Box 520
City
Olney
ZIP Code
62450-1058
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541219)
Business Age
Existing or more than 2 years old
Jobs Reported
208
Estimated Revenue
$66.2M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$978,842
Utilities
$75,000
Mortgage Interest
$100,000

Lender Information

Servicing Lender
Citizens National Bank of Albion
Originating Lender
Citizens National Bank of Albion

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