Ray Machine & Manufacturing Company

$146,700 PPP Loan in East Peoria, Illinois

Loan Details

Loan Number
9886157101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$146,700
Current Approval
$146,700
Forgiveness Amount
$148,191
Forgiveness Date
Apr 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ray Machine & Manufacturing Company
Address
419 Truck Haven Road
ZIP Code
61611
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$137,280
Rent
$5,856
Utilities
$3,564

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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