Redco Machine Inc.

$434,087 PPP Loan in Bedford, Virginia

Loan Details

Loan Number
9516248506
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$434,087
Current Approval
$434,087
Forgiveness Amount
$438,476
Forgiveness Date
Mar 15, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Redco Machine Inc.
Address
3032 Forest Rd
ZIP Code
24523-4101
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$6.6M
Rural/Urban
Rural
Congressional District
VA-09

Loan Use Breakdown

Payroll
$434,085
Utilities
$1

Lender Information

Servicing Lender
Bank of the James
Originating Lender
Bank of the James

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