PPP Loan information for Ronson machine & manufacturing

$616,500

Ronson machine & manufacturing was initially approved for PPP Loan of amount $616,500, the current approved amount is $616,500. The loan was approved on 04/11/2020 by The Commerce Bank reported 83 jobs and $616,500 was used to fund payroll.

Ronson machine & manufacturing is Existing or more than 2 years old

RONSON MACHINE & MANUFACTURING

Date Approved

04/11/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

RONSON MACHINE & MANUFACTURING

Borrower Address

3000 S. Jackson

Borrower City

INDEPENDENCE

Borrower State

MO

Borrower Zip

64057

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

616500.00

Current Approval Amount

616500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INDEPENDENCE

Project County Name

JACKSON

Project State

MO

Project Zip

64057-0001

CD

MO-05

Jobs Reported

83

NAICS Code

332322

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

32900.00

Payroll Proceed

495300.00

Mortgage Interest Proceed

0.00

Rent Proceed

60000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

28300

Business Type

Subchapter S Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

624720.00

Forgiveness Date

08/11/2021

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