R&l Machine Shop, INC

$283,400 PPP Loan in Chesapeake, Virginia

Loan Details

Loan Number
1954367809
Date Approved
May 22, 2020
Loan Status
Paid in Full
Initial Approval
$283,400
Current Approval
$283,400
Forgiveness Amount
$286,265
Forgiveness Date
May 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
R&l Machine Shop, INC
Address
2900 Yadkin Rd
ZIP Code
23323-2204
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.1M
Rural/Urban
Urban
Congressional District
VA-02

Loan Use Breakdown

Payroll
$283,400

Lender Information

Servicing Lender
Townebank
Originating Lender
Townebank

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