PPP Loan information for Renco tool and machine company

$41,763

Renco tool and machine company was initially approved for PPP Loan of amount $41,763, the current approved amount is $41,763. The loan was approved on 02/20/2021 by The Simmons Bank reported 2 jobs and $41,763 was used to fund payroll.

Renco tool and machine company is Existing or more than 2 years old

RENCO TOOL AND MACHINE COMPANY

Date Approved

02/20/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

RENCO TOOL AND MACHINE COMPANY

Borrower Address

6719 Alcoa Rd Renco Inc

Borrower City

Benton

Borrower State

AR

Borrower Zip

72015-9702

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41762.92

Current Approval Amount

41762.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Benton

Project County Name

SALINE

Project State

AR

Project Zip

72015-9702

CD

AR-02

Jobs Reported

2

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

41759.92

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

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41956.65

Forgiveness Date

08/19/2021

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