R & D Engineering & Machining INC

$218,946 PPP Loan in Deforest, Wisconsin

Loan Details

Loan Number
7285197903
Date Approved
Jun 17, 2020
Loan Status
Paid in Full
Initial Approval
$218,946
Current Approval
$218,946
Forgiveness Amount
$219,990
Forgiveness Date
Dec 17, 2020
Term
60 months
Draw
First Draw

Business Information

Business Name
R & D Engineering & Machining INC
Address
129 E North Street
ZIP Code
53532-1144
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.0M
Rural/Urban
Urban
Congressional District
WI-02

Loan Use Breakdown

Payroll
$175,157
Rent
$21,000
Utilities
$10,000
Mortgage Interest
$12,789

Lender Information

Servicing Lender
Farmers & Merchants Union Bank
Originating Lender
Farmers & Merchants Union Bank

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