Rich's Machinery Co., INC

$267,200 PPP Loan in Longview, Texas

Loan Details

Loan Number
6090897003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$267,200
Current Approval
$267,200
Forgiveness Amount
$268,974
Forgiveness Date
Dec 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rich's Machinery Co., INC
Address
5158 W Loop 281 S
State
Texas
ZIP Code
75605-8403
Business Type
Corporation
Industry (NAICS)
Manufacturing (333131)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-01

Loan Use Breakdown

Payroll
$267,200

Lender Information

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

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