Research & Advanced Methods Industries, Inc.

$539,509 PPP Loan in Cisco, Texas

Loan Details

Loan Number
1221497206
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$539,509
Current Approval
$539,509
Forgiveness Amount
$542,446
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Research & Advanced Methods Industries, Inc.
Address
808 E 6th St
City
Cisco
State
Texas
ZIP Code
76437-2114
Business Type
Corporation
Industry (NAICS)
Manufacturing (326130)
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$58.5M
Rural/Urban
Rural
Congressional District
TX-25

Loan Use Breakdown

Payroll
$404,632
Utilities
$134,877

Lender Information

Servicing Lender
First Financial Bank
Originating Lender
First Financial Bank

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