Richard Machine & Welding

$124,412 PPP Loan in Marshall, Texas

Loan Details

Loan Number
5336138600
Date Approved
Mar 20, 2021
Loan Status
Paid in Full
Initial Approval
$124,412
Current Approval
$124,412
Forgiveness Amount
$125,155
Forgiveness Date
Oct 26, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Richard Machine & Welding
Address
730 Julius Davis Ln
State
Texas
ZIP Code
75672-6548
Business Type
Sole Proprietorship
Industry (NAICS)
Manufacturing (333992)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$124,410
Utilities
$1

Lender Information

Servicing Lender
Verabank, National Association
Originating Lender
Verabank, National Association

Other PPP Loans in Marshall, TX

BusinessApproved
East Texas Baptist University$3,145,263NewBizBotAI Deep Dive
East Texas Border Health Clinic$2,812,100NewBizBotAI Deep Dive
Wiley College$1,475,107NewBizBotAI Deep Dive
Interstate Drywall LLC$1,275,000NewBizBotAI Deep Dive
Snider Industries, LLP$1,242,882NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free