Rehabilitation Associates of the Midwest, S.c.

$380,400 PPP Loan in Palatine, Illinois

Loan Details

Loan Number
7852737003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$380,400
Current Approval
$380,400
Forgiveness Amount
$382,704
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rehabilitation Associates of the Midwest, S.c.
Address
909 E. Palatine Rd
ZIP Code
60074-5551
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (622310)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$304,320
Rent
$38,040
Utilities
$19,020
Mortgage Interest
$19,020

Lender Information

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

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