# PPP loan: RACHKE PIPING AND MECHANICAL, INC.
> **$663K** approved 04/06/2020 · Paid in Full · Loan `5672747010`
## Borrower
- **Name:** RACHKE PIPING AND MECHANICAL, INC.
- **Address:** 1832 Terry Drive, JOLIET, IL, 60436-8541
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $663K
- **Initial approval:** $663K
- **Forgiven:** $668K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $497K
- **Rent:** $166K
- **Jobs reported:** 39
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*