Metro Rail, Inc.

$191,998 PPP Loan in Chillicothe, Illinois

Loan Details

Loan Number: 7015147006
Date Approved: Apr 7, 2020
Loan Status: Paid in Full
Initial Approval: $191,998
Current Approval: $191,995
Forgiveness Amount: $194,609
Forgiveness Date: Aug 30, 2021
Term: 24 months
Draw: First Draw

Business Information

Business Name: Metro Rail, Inc.
Address: 13611 Ashton Parkway
City: Chillicothe
State: Illinois
ZIP Code: 61523-9404
Business Type: Corporation
Industry (NAICS): Unknown (999990)
Franchise: Subway
Business Age: Existing or more than 2 years old
Jobs Reported: 85
Estimated Revenue: N/A
Rural/Urban: Urban
Congressional District: IL-16

Loan Use Breakdown

Payroll: $143,996
Rent: $34,052
Utilities: $7,900
Mortgage Interest: $6,047

Lender Information

Servicing Lender: Loan Source Incorporated
Originating Lender: Stearns Bank National Association

Other PPP Loans in Chillicothe, IL

Business	Industry	Approved	Forgiven	Jobs	Est. Revenue
Chillicothe Metal Company Co, INC	Manufacturing	$1,079,800	$1,094,647	85	$22.3M	AI Deep Dive
J. T. Fennell Co, INC	Manufacturing	$1,070,885	$1,070,051	98	$24.0M	AI Deep Dive
J. T. Fennell Co INC	Manufacturing	$1,062,500	$1,072,223	75	$18.3M	AI Deep Dive
Allied Welding Inc.	Manufacturing	$291,505	$0	37	$9.0M	AI Deep Dive
Metro Rail Inc.	Accommodation and Food Services	$268,793	$272,387	86	$15.3M	AI Deep Dive

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