Rd Machine Inc.

$516,802 PPP Loan in Hutchinson, Minnesota

Loan Details

Loan Number
1867868303
Date Approved
Jan 20, 2021
Loan Status
Paid in Full
Initial Approval
$516,802
Current Approval
$516,802
Forgiveness Amount
$518,813
Forgiveness Date
Jun 23, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rd Machine Inc.
Address
325 Michigan St SE
ZIP Code
55350-1907
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$7.8M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$516,797
Utilities
$1

Lender Information

Servicing Lender
Citizens Bank & Trust Co
Originating Lender
Citizens Bank & Trust Co

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