Reliance Machine Company INC

$384,080 PPP Loan in Muncie, Indiana

Loan Details

Loan Number
5882898406
Date Approved
Feb 9, 2021
Loan Status
Paid in Full
Initial Approval
$384,080
Current Approval
$384,080
Forgiveness Amount
$388,121
Forgiveness Date
Mar 8, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Reliance Machine Company INC
Address
4605 S Walnut St
City
Muncie
State
Indiana
ZIP Code
47302-8532
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336310)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
IN-05

Loan Use Breakdown

Payroll
$384,078
Utilities
$1

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

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