Ruder Electric, Inc.

$1,665,763 PPP Loan in Kankakee, Illinois

Loan Details

Loan Number
5936537000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,665,763
Current Approval
$1,665,763
Forgiveness Amount
$1,684,317
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ruder Electric, Inc.
Address
1075 Lesco Rd
ZIP Code
60901-9489
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$18.4M
Rural/Urban
Urban
Congressional District
IL-02

Loan Use Breakdown

Payroll
$952,326
Health Care
$713,437

Lender Information

Servicing Lender
State Bank of Herscher
Originating Lender
State Bank of Herscher

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