Ronco Industrial Supply Company

$250,500 PPP Loan in Bensenville, Illinois

Loan Details

Loan Number
7608497001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$250,500
Current Approval
$250,500
Forgiveness Amount
$253,409
Forgiveness Date
Jun 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ronco Industrial Supply Company
Address
700 Frontier Way
ZIP Code
60106-1192
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423710)
Business Age
Unanswered
Jobs Reported
18
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$200,400
Rent
$25,050
Utilities
$12,525
Mortgage Interest
$12,525

Lender Information

Servicing Lender
Cornerstone National Bank & Trust Company
Originating Lender
Cornerstone National Bank & Trust Company

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