Maxson Automatic Machinery Company

$546,580 PPP Loan in Westerly, Rhode Island

Loan Details

Loan Number
8281758310
Date Approved
Jan 29, 2021
Loan Status
Paid in Full
Initial Approval
$546,580
Current Approval
$546,580
Forgiveness Amount
$549,996
Forgiveness Date
Sep 20, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Maxson Automatic Machinery Company
Address
70 Airport Rd
ZIP Code
02891-3402
Business Type
Corporation
Industry (NAICS)
Manufacturing (333244)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$6.3M
Rural/Urban
Rural
Congressional District
RI-02

Loan Use Breakdown

Payroll
$546,575
Utilities
$1

Lender Information

Servicing Lender
Bank Rhode Island
Originating Lender
Bank Rhode Island

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