PPP Loan information for R & s machine co inc

$261,652

R & s machine co inc was initially approved for PPP Loan of amount $261,652, the current approved amount is $261,652. The loan was approved on 01/29/2021 by The Elderton State Bank reported 18 jobs and $261,652 was used to fund payroll.

R & s machine co inc is Existing or more than 2 years old

R & S MACHINE CO INC

Date Approved

01/29/2021

SBA Office Code

0358

Processing Method

PPP

Borrower Name

R & S MACHINE CO INC

Borrower Address

7687 Porter Rd

Borrower City

Punxsutawney

Borrower State

PA

Borrower Zip

15767-5922

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

261652.00

Current Approval Amount

261652.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60143

Servicing Lender Name

Elderton State Bank

Servicing Lender Address

143 N Main St

Servicing Lender City

ELDERTON

Servicing Lender State

PA

Servicing Lender Zip

15736

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Punxsutawney

Project County Name

JEFFERSON

Project State

PA

Project Zip

15767-5922

CD

PA-15

Jobs Reported

18

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

261648.00

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

60143

Originating Lender

Elderton State Bank

Originating Lender City

ELDERTON

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

264522.90

Forgiveness Date

03/31/2022

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