PPP Loan information for R & m welding products, inc.

$384,300

R & m welding products, inc. was initially approved for PPP Loan of amount $384,300, the current approved amount is $384,300. The loan was approved on 04/04/2020 by The Central Bank & Trust Co. reported 26 jobs and $384,300 was used to fund payroll.

R & m welding products, inc. is Existing or more than 2 years old

PPP Loan Search / KY / WILDER / R & m welding products, inc.

R & M WELDING PRODUCTS, INC.

Date Approved

04/04/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

R & M WELDING PRODUCTS, INC.

Borrower Address

105 WILLIAMS WAY

Borrower City

WILDER

Borrower State

KY

Borrower Zip

41076-9015

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

384300.00

Current Approval Amount

384300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27196

Servicing Lender Name

Central Bank & Trust Co.

Servicing Lender Address

300 W Vine St

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40507-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILDER

Project County Name

CAMPBELL

Project State

KY

Project Zip

41076-9015

CD

KY-04

Jobs Reported

26

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

38382.00

Payroll Proceed

307518.00

Mortgage Interest Proceed

38400.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

27196

Originating Lender

Central Bank & Trust Co.

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

387289.00

Forgiveness Date

01/20/2021

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