PPP Loan information for Rachke piping and mechanical, inc.

$662,500

Rachke piping and mechanical, inc. was initially approved for PPP Loan of amount $662,500, the current approved amount is $662,500. The loan was approved on 04/06/2020 by The Busey Bank reported 39 jobs and $662,500 was used to fund payroll.

Rachke piping and mechanical, inc. is Unanswered

RACHKE PIPING AND MECHANICAL, INC.

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

662500.00

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

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60436-8541

CD

IL-14

Jobs Reported

39

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

496875.00

Mortgage Interest Proceed

0.00

Rent Proceed

165625.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

667564.04

Forgiveness Date

01/25/2021

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