R.A.E. TOOL & MANUFACTURING, INC.

Summary of PPP (Paycheck Protection Program) Loan approved to R.A.E. TOOL & MANUFACTURING, INC. by Old Plank Trail Community Bank, National Association. The loan was approved on 4/08/2020 in the range of $150,000-350,000.

Business Information

Name:

R.A.E. TOOL & MANUFACTURING, INC.

1910 CLEARING CT
NEW LENOX, IL 60451
Business type: Subchapter S Corporation
Machinery Manufacturing
→ Cutting Tool and Machine Tool Accessory Manufacturing
Non-profit: No
Loan amount: $150,000-350,000
(50 Jobs retained)
Date approved: April 08, 2020
Lender Old Plank Trail Community Bank, 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.