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Ring-O-Matic, Inc.

$532,521 PPP Loan in Pella, Iowa

Loan Details

Loan Number
6105557010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$532,521
Current Approval
$532,521
Forgiveness Amount
$536,796
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ring-O-Matic, Inc.
Address
1714 Fifield Rd
City
Pella
State
Iowa
ZIP Code
50219-7861
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333131)
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$13.4M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$532,521

Lender Information

Servicing Lender
Marion County State Bank
Originating Lender
Marion County State Bank

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