Road Machinery & Supplies Co.

$6,280,600 PPP Loan in Savage, Minnesota

Loan Details

Loan Number
1101417101
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$6,280,600
Current Approval
$6,280,600
Forgiveness Amount
$6,354,920
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Road Machinery & Supplies Co.
Address
5633 W Highway 13
City
Savage
ZIP Code
55378-1215
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423810)
Business Age
New Business or 2 years or less
Jobs Reported
344
Estimated Revenue
$105.4M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$6,280,600

Lender Information

Servicing Lender
Bell Bank
Originating Lender
Bell Bank

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