R.w. Machine & Tool INC

$424,792 PPP Loan in Ravenna, Ohio

Loan Details

Loan Number
4208218405
Date Approved
Feb 6, 2021
Loan Status
Paid in Full
Initial Approval
$424,792
Current Approval
$424,792
Forgiveness Amount
$428,403
Forgiveness Date
Dec 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
R.w. Machine & Tool INC
Address
7944 State Route 44
State
Ohio
ZIP Code
44266-9781
Business Type
Subchapter S 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
OH-14

Loan Use Breakdown

Payroll
$424,789
Utilities
$1

Lender Information

Servicing Lender
Portage Community Bank
Originating Lender
Portage Community Bank

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