R-Cap Process Equipment, Inc.
$128,500 PPP Loan in Barrington, Illinois
Loan Details
- Loan Number
- 5979687010
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $128,500
- Current Approval
- $128,500
- Forgiveness Amount
- $129,289
- Forgiveness Date
- Nov 23, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- R-Cap Process Equipment, Inc.
- Address
- 318 W Northwest Hwy
- City
- Barrington
- State
- Illinois
- ZIP Code
- 60010-3033
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423830)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 6
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IL-05
Loan Use Breakdown
- Payroll
- $102,800
- Rent
- $12,850
- Utilities
- $6,425
- Debt Interest
- $6,425
Lender Information
- Servicing Lender
- Cornerstone National Bank & Trust Company
- Originating Lender
- Cornerstone National Bank & Trust Company
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