RAYCAR GEAR & MACHINE COMPANY

Summary of PPP (Paycheck Protection Program) Loan approved to RAYCAR GEAR & MACHINE COMPANY by Byron Bank. The loan was approved on 4/13/2020 in the range of $350,000-1 million.

Business Information

Name:	RAYCAR GEAR & MACHINE COMPANY 6125 11TH ST ROCKFORD, IL 61109
Business type:	Corporation Machinery Manufacturing → Machine Tool Manufacturing
Non-profit:	No
Loan amount:	$350,000-1 million (50 Jobs retained)
Date approved:	April 13, 2020
Lender	Byron Bank

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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.