R.a.e. Tool & Manufacturing, Inc.

$169,972 PPP Loan in New Lenox, Illinois

Loan Details

Loan Number
8431517003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$169,972
Current Approval
$169,972
Forgiveness Amount
$171,969
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
R.a.e. Tool & Manufacturing, Inc.
Address
1910 Clearing Ct
ZIP Code
60451-2702
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333515)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
IL-01

Loan Use Breakdown

Payroll
$127,479
Rent
$21,246
Utilities
$21,247

Lender Information

Servicing Lender
Old Plank Trail Community Bank, National Association
Originating Lender
Old Plank Trail Community Bank, National Association

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