PPP Loan information for R & m tool engineering inc

$250,200

R & m tool engineering inc was initially approved for PPP Loan of amount $250,200, the current approved amount is $250,200. The loan was approved on 01/22/2021 by The German American Bank reported 18 jobs and $250,200 was used to fund payroll.

R & m tool engineering inc is Existing or more than 2 years old

PPP Loan Search / IN / North Vernon / R & m tool engineering inc

R & M TOOL ENGINEERING INC

Date Approved

01/22/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

R & M TOOL ENGINEERING INC

Borrower Address

3355 N 4th St

Borrower City

North Vernon

Borrower State

IN

Borrower Zip

47265-5534

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250200.00

Current Approval Amount

250200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

North Vernon

Project County Name

JENNINGS

Project State

IN

Project Zip

47265-5534

CD

IN-09

Jobs Reported

18

NAICS Code

333514

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

250198.00

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

Subchapter S Corporation

Originating Lender Location Id

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

251824.59

Forgiveness Date

09/22/2021

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