Rachels Machine and Fabrication Inc.

$123,720 PPP Loan in Wadley, Georgia

Loan Details

Loan Number
1618698604
Date Approved
Mar 13, 2021
Loan Status
Paid in Full
Initial Approval
$123,720
Current Approval
$123,720
Forgiveness Amount
$124,861
Forgiveness Date
Feb 14, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rachels Machine and Fabrication Inc.
Address
170 East Railroad St
City
Wadley
State
Georgia
ZIP Code
30477
Business Type
Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
GA-10

Loan Use Breakdown

Payroll
$123,719

Lender Information

Servicing Lender
Queensborough National Bank and Trust Company
Originating Lender
Queensborough National Bank and Trust Company

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