# PPP loan: RILCO, INC.
> **$823K** approved 04/06/2020 · Paid in Full · Loan `6070287000`
## Borrower
- **Name:** RILCO, INC.
- **Address:** 1320 1st Street, ROCK ISLAND, IL, 61201-3218
- **NAICS:** 424720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $823K
- **Initial approval:** $823K
- **Forgiven:** $829K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $823K
- **Jobs reported:** 72
## Lender
- **Originating:** Quad City Bank and Trust Company
- **Servicing:** Quad City Bank and Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*