Racine Metal-Fab, Ltd.
$885,000 PPP Loan in Sturtevant, Wisconsin
Loan Details
- Loan Number
- 7160297001
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $885,000
- Current Approval
- $885,000
- Forgiveness Amount
- $893,486
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Racine Metal-Fab, Ltd.
- Address
- 1520 Grandview Pkwy
- City
- Sturtevant
- State
- Wisconsin
- ZIP Code
- 53177-1221
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 53
- Estimated Revenue
- $13.0M
- Rural/Urban
- Urban
- Congressional District
- WI-01
Loan Use Breakdown
- Payroll
- $663,750
- Rent
- $110,625
- Utilities
- $110,625
Lender Information
- Servicing Lender
- Johnson Bank
- Originating Lender
- Johnson Bank
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