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R-R Spring Corporation

$307,500 PPP Loan in Addison, Illinois

Loan Details

Loan Number
7552957008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$307,500
Current Approval
$307,500
Forgiveness Amount
$309,634
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
R-R Spring Corporation
Address
100 Laura Dr
City
Addison
State
Illinois
ZIP Code
60101-5114
Business Type
Corporation
Industry (NAICS)
Manufacturing (332613)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$7.6M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$277,500
Rent
$22,000
Utilities
$8,000

Lender Information

Servicing Lender
Itasca Bank & Trust Co.
Originating Lender
Itasca Bank & Trust Co.

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