PPP Loan information for R&r machine industries inc

$164,400

R&r machine industries inc was initially approved for PPP Loan of amount $164,400, the current approved amount is $164,400. The loan was approved on 04/08/2020 by The Digital FCU reported 17 jobs and $164,400 was used to fund payroll.

R&r machine industries inc is Existing or more than 2 years old

PPP Loan Search / RI / NORTH SMITHFIELD / R&r machine industries inc

R&R MACHINE INDUSTRIES INC

Date Approved

04/08/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

R&R MACHINE INDUSTRIES INC

Borrower Address

147 Industrial Dr. #10

Borrower City

NORTH SMITHFIELD

Borrower State

RI

Borrower Zip

02896-8035

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

164400.00

Current Approval Amount

164400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

109589

Servicing Lender Name

Digital FCU

Servicing Lender Address

220 Donald Lynch Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-4708

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH SMITHFIELD

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02896-8035

CD

RI-01

Jobs Reported

17

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12100.00

Payroll Proceed

136000.00

Mortgage Interest Proceed

0.00

Rent Proceed

16300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

109589

Originating Lender

Digital FCU

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

165966.37

Forgiveness Date

03/25/2021

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