PPP Loan information for Revolution machine tools inc.

$214,000

Revolution machine tools inc. was initially approved for PPP Loan of amount $214,000, the current approved amount is $214,000. The loan was approved on 02/05/2021 by The Brighton Bank reported 17 jobs and $214,000 was used to fund payroll.

Revolution machine tools inc. is Existing or more than 2 years old

PPP Loan Search / UT / North Salt Lake / Revolution machine tools inc.

REVOLUTION MACHINE TOOLS INC.

Date Approved

02/05/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

REVOLUTION MACHINE TOOLS INC.

Borrower Address

385 N 700 W

Borrower City

North Salt Lake

Borrower State

UT

Borrower Zip

84054-2726

Loan Status Date

01/06/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

214000.00

Current Approval Amount

214000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72738

Servicing Lender Name

Brighton Bank

Servicing Lender Address

7101 S Highland Dr

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84121-3703

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Salt Lake

Project County Name

DAVIS

Project State

UT

Project Zip

84054-2726

CD

UT-02

Jobs Reported

17

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

213997.00

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

72738

Originating Lender

Brighton Bank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

217963.40

Forgiveness Date

12/14/2022

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