PPP Loan information for Rd machine, inc.

$516,800

Rd machine, inc. was initially approved for PPP Loan of amount $516,800, the current approved amount is $516,800. The loan was approved on 04/06/2020 by The Citizens Bank & Trust Co reported 38 jobs and $516,800 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

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RD MACHINE, INC.

Borrower Address

325 MICHIGAN ST

Borrower City

HUTCHINSON

Borrower State

MN

Borrower Zip

55350-1907

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

516800.00

Current Approval Amount

516800.00

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

38

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

516800.00

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

520821.13

Forgiveness Date

01/20/2021

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