PPP Loan information for R-r spring corporation

$307,500

R-r spring corporation was initially approved for PPP Loan of amount $307,500, the current approved amount is $307,500. The loan was approved on 04/07/2020 by The Itasca Bank & Trust Co. reported 31 jobs and $307,500 was used to fund payroll.

R-r spring corporation is Existing or more than 2 years old

R-R SPRING CORPORATION

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

R-R SPRING CORPORATION

Borrower Address

100 LAURA DR

Borrower City

ADDISON

Borrower State

IL

Borrower Zip

60101-5114

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

307500.00

Current Approval Amount

307500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21562

Servicing Lender Name

Itasca Bank & Trust Co.

Servicing Lender Address

308 W Irving Park Rd

Servicing Lender City

ITASCA

Servicing Lender State

IL

Servicing Lender Zip

60143-2038

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADDISON

Project County Name

DUPAGE

Project State

IL

Project Zip

60101-5114

CD

IL-03

Jobs Reported

31

NAICS Code

332613

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8000.00

Payroll Proceed

277500.00

Mortgage Interest Proceed

0.00

Rent Proceed

22000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21562

Originating Lender

Itasca Bank & Trust Co.

Originating Lender City

ITASCA

Originating Lender State

IL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

299549.44

Forgiveness Date

12/21/2020

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