PPP Loan information for Road machinery & supplies co.

$6,280,600

Road machinery & supplies co. was initially approved for PPP Loan of amount $6,280,600, the current approved amount is $6,280,600. The loan was approved on 04/09/2020 by The Bell Bank reported 344 jobs and $6,280,600 was used to fund payroll.

Road machinery & supplies co. is New Business or 2 years or less

ROAD MACHINERY & SUPPLIES CO.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ROAD MACHINERY & SUPPLIES CO.

Borrower Address

5633 W HIGHWAY 13

Borrower City

SAVAGE

Borrower State

MN

Borrower Zip

55378-1215

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6280600.00

Current Approval Amount

6280600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52771

Servicing Lender Name

Bell Bank

Servicing Lender Address

3100 13th Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-3507

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SAVAGE

Project County Name

SCOTT

Project State

MN

Project Zip

55378-1215

CD

MN-02

Jobs Reported

344

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6280600.00

Mortgage Interest Proceed

0.00

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

52771

Originating Lender

Bell Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6354920.43

Forgiveness Date

06/24/2021

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