RAIL EXCHANGE, INC.

Summary of PPP (Paycheck Protection Program) Loan approved to RAIL EXCHANGE, INC. by Beverly Bank & Trust Company, National Association. The loan was approved on 4/13/2020 in the range of $1-2 million.

Business Information

Name:

RAIL EXCHANGE, INC.

1150 S STATE STREET
CHICAGO HEIGHTS, IL 60411
Business type: Subchapter S Corporation
Transportation Equipment Manufacturing
→ Railroad Rolling Stock Manufacturing
Non-profit: No
Loan amount: $1-2 million
(50 Jobs retained)
Date approved: April 13, 2020
Lender Beverly Bank & Trust Company, National Association

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.