Date Approved
04/06/2020
SBA Office Code
0507
Processing Method
PPP
Borrower Name
RACHKE PIPING AND MECHANICAL, INC.
Borrower Address
1832 Terry Drive
Borrower City
JOLIET
Borrower State
IL
Borrower Zip
60436-8541
Loan Status Date
02/12/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
662500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
22749
Servicing Lender Name
Busey Bank
Servicing Lender Address
100 W University Ave
Servicing Lender City
CHAMPAIGN
Servicing Lender State
Servicing Lender Zip
61820-3910
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
WILL
Project State
Project Zip
CD
IL-14
Jobs Reported
39
NAICS Code
238220
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
496875.00
Mortgage Interest Proceed
Rent Proceed
165625.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
667564.04
Forgiveness Date
01/25/2021