PPP Loan information for R b machine works inc

$533,700

R b machine works inc was initially approved for PPP Loan of amount $580,000, the current approved amount is $533,700. The loan was approved on 04/09/2020 by The Independent Bank reported 38 jobs and $533,700 was used to fund payroll.

R b machine works inc is Existing or more than 2 years old

R B MACHINE WORKS INC

Date Approved

04/09/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

R B MACHINE WORKS INC

Borrower Address

2407 Wilson Road

Borrower City

HUMBLE

Borrower State

TX

Borrower Zip

77347-1533

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

580000.00

Current Approval Amount

533700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUMBLE

Project County Name

HARRIS

Project State

TX

Project Zip

77347-1533

CD

TX-18

Jobs Reported

38

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

533700.00

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

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

537762.05

Forgiveness Date

01/20/2021

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