R & M Machine Tool INC

$298,042 PPP Loan in Freeland, Michigan

Loan Details

Loan Number
2754257103
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$298,042
Current Approval
$218,012
Forgiveness Amount
$220,604
Forgiveness Date
Jul 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
R & M Machine Tool INC
Address
7920 Webster Rd
ZIP Code
48623-8400
Business Type
Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$5.2M
Rural/Urban
Rural
Congressional District
MI-08

Loan Use Breakdown

Payroll
$218,012

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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