R & M Welding Products, Inc.

$384,300 PPP Loan in Wilder, Kentucky

Loan Details

Loan Number
4876687002
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$384,300
Current Approval
$384,300
Forgiveness Amount
$387,289
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
R & M Welding Products, Inc.
Address
105 Williams Way
City
Wilder
ZIP Code
41076-9015
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423810)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$8.0M
Rural/Urban
Urban
Congressional District
KY-04

Loan Use Breakdown

Payroll
$307,518
Utilities
$38,382
Mortgage Interest
$38,400

Lender Information

Servicing Lender
Central Bank & Trust Co.
Originating Lender
Central Bank & Trust Co.

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