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Redco Machine INC

$381,400 PPP Loan in Bedford, Virginia

Loan Details

Loan Number
1676337102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$381,400
Current Approval
$381,400
Forgiveness Amount
$385,797
Forgiveness Date
Jun 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Redco Machine INC
Address
3032 Forest Road
City
Bedford
State
Virginia
ZIP Code
24523
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$6.6M
Rural/Urban
Rural
Congressional District
VA-09

Loan Use Breakdown

Payroll
$381,400

Lender Information

Servicing Lender
Bank of the James
Originating Lender
Bank of the James

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