# PPP loan: RACKHOUSE TAVERN LLC
> **$176K** approved 04/27/2020 · Charged Off · Loan `6104427200`
## Borrower
- **Name:** RACKHOUSE TAVERN LLC
- **Address:** 222 E ALGONQUIN RD, ARLINGTON HEIGHTS, IL, 60005-4662
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Status:** Charged Off
- **Term:** 2 months
## Use of funds
- **Payroll:** $132K
- **Mortgage interest:** $26K
- **Utilities:** $18K
- **Jobs reported:** 37
## Lender
- **Originating:** Village Bank and Trust, National Association
- **Servicing:** Village Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*