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Rack Builders, INC

$2,478,200 PPP Loan in Quincy, Illinois

Loan Details

Loan Number
6185367000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,478,200
Current Approval
$2,478,200
Forgiveness Amount
$2,502,439
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rack Builders, INC
Address
3809 Dye Road
City
Quincy
State
Illinois
ZIP Code
62305-3333
Business Type
Corporation
Industry (NAICS)
Construction (238120)
Business Age
Existing or more than 2 years old
Jobs Reported
190
Estimated Revenue
$43.9M
Rural/Urban
Rural
Congressional District
IL-15

Loan Use Breakdown

Payroll
$2,478,200

Lender Information

Servicing Lender
Bank of Springfield
Originating Lender
Bank of Springfield

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