PPP Loan information for R b machine, inc

$296,500

R b machine, inc was initially approved for PPP Loan of amount $296,500, the current approved amount is $296,500. The loan was approved on 04/11/2020 by The MidWestOne Bank reported 29 jobs and $296,500 was used to fund payroll.

R b machine, inc is Existing or more than 2 years old

PPP Loan Search / CO / COLORADO SPRINGS / R b machine, inc

R B MACHINE, INC

Date Approved

04/11/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

R B MACHINE, INC

Borrower Address

423 E. Filmore Street

Borrower City

COLORADO SPRINGS

Borrower State

CO

Borrower Zip

80907

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

296500.00

Current Approval Amount

296500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLORADO SPRINGS

Project County Name

EL PASO

Project State

CO

Project Zip

80907-1200

CD

CO-05

Jobs Reported

29

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18531.25

Payroll Proceed

222375.00

Mortgage Interest Proceed

0.00

Rent Proceed

18531.25

Refinance EIDL Proceed

0.00

Health Care Proceed

18531.25

Debt Interest Proceed

18531.25

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

298468.43

Forgiveness Date

12/14/2020

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