Reliable Tool & Machine Company INC
$1,254,100 PPP Loan in Kendallville, Indiana
Loan Details
- Loan Number
- 5028827009
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,254,100
- Current Approval
- $1,254,100
- Forgiveness Amount
- $1,265,713
- Forgiveness Date
- Mar 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Reliable Tool & Machine Company INC
- Address
- 301 W Ohio St
- City
- Kendallville
- State
- Indiana
- ZIP Code
- 46755-2017
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 126
- Estimated Revenue
- $30.8M
- Rural/Urban
- Rural
- Congressional District
- IN-03
Loan Use Breakdown
- Payroll
- $1,153,348
- Rent
- $20,066
- Utilities
- $40,686
- Debt Interest
- $40,000
Lender Information
- Servicing Lender
- Star Financial Bank
- Originating Lender
- Star Financial Bank
Other PPP Loans in Kendallville, IN
| Business | Approved | |
|---|---|---|
| Creative Liquid Coatings, Inc. | $4,304,100 | |
| Northeastern Center INC | $2,668,115 | |
| Colwell Inc. | $1,836,907 | |
| Colwell, Inc. | $1,797,300 | |
| Bollhoff Inc. | $1,377,767 |
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