Current business record

RAYCAR GEAR & MACHINE COMPANY

We found 2 public loan records at or above $150,000 in the current SBA release.

This is a historical government-data listing. It does not establish wrongdoing, eligibility, forgiveness, or the final amount disbursed.

Loan 1

$350,000–1 million
Filed business name
RAYCAR GEAR & MACHINE COMPANY
Approval date
Jan 16, 2021
Initial approval amount
$377,955.00
Current approval amount
$377,955.00
Loan status
Paid in Full (Oct 6, 2021)
Forgiveness amount
$380,296.22
Jobs reported
21
Address
6125 11th St
Rockford, IL 61109-4342
Lender
Byron Bank
NAICS code
332710
Business type
Corporation
Congressional district
IL-16

Loan 2

$350,000–1 million
Filed business name
RAYCAR GEAR & MACHINE COMPANY
Approval date
Apr 13, 2020
Initial approval amount
$377,955.00
Current approval amount
$377,955.00
Loan status
Paid in Full (Feb 4, 2021)
Forgiveness amount
$380,894.65
Jobs reported
21
Address
6125 11TH ST
ROCKFORD, IL 61109-4342
Lender
Byron Bank
NAICS code
333517
Business type
Corporation
Congressional district
IL-16