PPP Loan information for Rank transportation llc

$54,700

Rank transportation llc was initially approved for PPP Loan of amount $54,700, the current approved amount is $54,700. The loan was approved on 04/28/2020 by The Schaumburg Bank & Trust Company, National Association reported 8 jobs and $54,700 was used to fund payroll.

Rank transportation llc is Existing or more than 2 years old

RANK TRANSPORTATION LLC

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RANK TRANSPORTATION LLC

Borrower Address

241 COMMERCE DR STE 100

Borrower City

CRYSTAL LAKE

Borrower State

IL

Borrower Zip

60014-3538

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54700.00

Current Approval Amount

54700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222507

Servicing Lender Name

Schaumburg Bank & Trust Company, National Association

Servicing Lender Address

1180 E Higgins Rd

Servicing Lender City

SCHAUMBURG

Servicing Lender State

IL

Servicing Lender Zip

60173-4709

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL LAKE

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-3538

CD

IL-11

Jobs Reported

8

NAICS Code

488210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6837.50

Payroll Proceed

41025.00

Mortgage Interest Proceed

6837.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

222507

Originating Lender

Schaumburg Bank & Trust Company, National Association

Originating Lender City

SCHAUMBURG

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55092.02

Forgiveness Date

01/14/2021

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