Rusco Manufacturing, Inc.

$387,000 PPP Loan in Machesney Park, Illinois

Loan Details

Loan Number
6543667204
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$387,000
Current Approval
$387,000
Forgiveness Amount
$391,483
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rusco Manufacturing, Inc.
Address
1304 Anvil Rd
ZIP Code
61115
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$9.5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$348,000
Rent
$20,000
Utilities
$19,000

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank and Trust National Association

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