Rock River Arms, Inc.
$505,000 PPP Loan in Colona, Illinois
Loan Details
- Loan Number
- 6591567007
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $505,000
- Current Approval
- $505,000
- Forgiveness Amount
- $507,904
- Forgiveness Date
- Nov 12, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rock River Arms, Inc.
- Address
- 1042 Cleveland Road
- City
- Colona
- State
- Illinois
- ZIP Code
- 61241-8974
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332994)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 40
- Estimated Revenue
- $9.8M
- Rural/Urban
- Rural
- Congressional District
- IL-17
Loan Use Breakdown
- Payroll
- $439,000
- Rent
- $60,000
- Utilities
- $6,000
Lender Information
- Servicing Lender
- Bankorion
- Originating Lender
- Bankorion
Other PPP Loans in Colona, IL
| Business | Approved | |
|---|---|---|
| Rock River Electric INC | $1,213,900 | |
| Simplex Leasing Inc. | $858,256 | |
| Simplex Leasing, INC | $829,700 | |
| Werner Restoration Services INC | $531,200 | |
| Hull Enterprises, INC | $409,900 |
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