PPP Loan information for R-tech machine & hydraulics inc

$31,800

R-tech machine & hydraulics inc was initially approved for PPP Loan of amount $31,800, the current approved amount is $31,800. The loan was approved on 04/30/2020 by The First Community Bank reported 4 jobs and $31,800 was used to fund payroll.

R-tech machine & hydraulics inc is Existing or more than 2 years old

PPP Loan Search / WV / Craigsville / R-tech machine & hydraulics inc

R-TECH MACHINE & HYDRAULICS INC

Date Approved

04/30/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

R-TECH MACHINE & HYDRAULICS INC

Borrower Address

45 Iron Horse Drive

Borrower City

Craigsville

Borrower State

WV

Borrower Zip

26205

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31800.00

Current Approval Amount

31800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Craigsville

Project County Name

NICHOLAS

Project State

WV

Project Zip

26205-0001

CD

WV-01

Jobs Reported

4

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2226.00

Payroll Proceed

27030.00

Mortgage Interest Proceed

2544.00

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

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

32005.61

Forgiveness Date

12/30/2020

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