R.w. Machine & Tool, Inc.

$424,792 PPP Loan in Ravenna, Ohio

Loan Details

Loan Number
9207997105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$424,792
Current Approval
$424,792
Forgiveness Amount
$428,592
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
R.w. Machine & Tool, Inc.
Address
7944 St Rt 44
State
Ohio
ZIP Code
44266
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$6.8M
Rural/Urban
Rural
Congressional District
OH-14

Loan Use Breakdown

Payroll
$424,792

Lender Information

Servicing Lender
Portage Community Bank
Originating Lender
Portage Community Bank

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