PPP Loan information for Rd machine inc.

$516,802

Rd machine inc. was initially approved for PPP Loan of amount $516,802, the current approved amount is $516,802. The loan was approved on 01/20/2021 by The Citizens Bank & Trust Co reported 32 jobs and $516,802 was used to fund payroll.

Rd machine inc. is Existing or more than 2 years old

PPP Loan Search / MN / Hutchinson / Rd machine inc.

RD MACHINE INC.

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RD MACHINE INC.

Borrower Address

325 Michigan St SE

Borrower City

Hutchinson

Borrower State

MN

Borrower Zip

55350-1907

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

516802.00

Current Approval Amount

516802.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38252

Servicing Lender Name

Citizens Bank & Trust Co

Servicing Lender Address

102 Main St S

Servicing Lender City

HUTCHINSON

Servicing Lender State

MN

Servicing Lender Zip

55350-2575

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hutchinson

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-1907

CD

MN-07

Jobs Reported

32

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

516797.00

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

38252

Originating Lender

Citizens Bank & Trust Co

Originating Lender City

HUTCHINSON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

518812.57

Forgiveness Date

06/23/2021

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