Rachke Piping and Mechanical, Inc.

$662,500 PPP Loan in Joliet, Illinois

Loan Details

Loan Number
5672747010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$662,500
Current Approval
$662,500
Forgiveness Amount
$667,564
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rachke Piping and Mechanical, Inc.
Address
1832 Terry Drive
City
Joliet
ZIP Code
60436-8541
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Unanswered
Jobs Reported
39
Estimated Revenue
$12.3M
Rural/Urban
Urban
Congressional District
IL-14

Loan Use Breakdown

Payroll
$496,875
Rent
$165,625

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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