PPP Loan information for R & b grinding co. inc.

$1,347,200

R & b grinding co. inc. was initially approved for PPP Loan of amount $1,347,200, the current approved amount is $1,347,200. The loan was approved on 01/31/2021 by The BMO Harris Bank National Association reported 98 jobs and $1,347,200 was used to fund payroll.

R & b grinding co. inc. is Existing or more than 2 years old

R & B GRINDING CO. INC.

Date Approved

01/31/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

R & B GRINDING CO. INC.

Borrower Address

1900 Clark St

Borrower City

Racine

Borrower State

WI

Borrower Zip

53403-2533

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1347200.00

Current Approval Amount

1347200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Racine

Project County Name

RACINE

Project State

WI

Project Zip

53403-2533

CD

WI-01

Jobs Reported

98

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1347200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1355578.48

Forgiveness Date

09/21/2021

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