PPP Loan information for R&m machine, inc.

$572,340

R&m machine, inc. was initially approved for PPP Loan of amount $572,340, the current approved amount is $572,340. The loan was approved on 04/29/2020 by The Oxford Bank reported 39 jobs and $572,340 was used to fund payroll.

R&m machine, inc. is Existing or more than 2 years old

PPP Loan Search / MI / WARREN / R&m machine, inc.

R&M MACHINE, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

R&M MACHINE, INC.

Borrower Address

23895 REGENCY PARK DR

Borrower City

WARREN

Borrower State

MI

Borrower Zip

48089-2677

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

572340.02

Current Approval Amount

572340.02

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WARREN

Project County Name

MACOMB

Project State

MI

Project Zip

48089-2677

CD

MI-10

Jobs Reported

39

NAICS Code

921190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

572340.02

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

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

576664.37

Forgiveness Date

02/04/2021

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