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Ring-O-Matic Inc.

$532,065 PPP Loan in Pella, Iowa

Loan Details

Loan Number
1437908302
Date Approved
Jan 17, 2021
Loan Status
Paid in Full
Initial Approval
$532,065
Current Approval
$532,065
Forgiveness Amount
$534,179
Forgiveness Date
Jun 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Ring-O-Matic Inc.
Address
1714 Fifield Rd
City
Pella
State
Iowa
ZIP Code
50219-7861
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$19.0M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$532,062
Utilities
$1

Lender Information

Servicing Lender
Marion County State Bank
Originating Lender
Marion County State Bank

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