Rd Machine, Inc.

$516,800 PPP Loan in Hutchinson, Minnesota

Loan Details

Loan Number
5863857000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$516,800
Current Approval
$516,800
Forgiveness Amount
$520,821
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rd Machine, Inc.
Address
325 Michigan St
ZIP Code
55350-1907
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$9.3M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$516,800

Lender Information

Servicing Lender
Citizens Bank & Trust Co
Originating Lender
Citizens Bank & Trust Co

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