# PPP loan: ROAD MACHINERY & SUPPLIES CO.
> **$6.28M** approved 04/09/2020 · Paid in Full · Loan `1101417101`
## Borrower
- **Name:** ROAD MACHINERY & SUPPLIES CO.
- **Address:** 5633 W HIGHWAY 13, SAVAGE, MN, 55378-1215
- **NAICS:** 423810
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $6.28M
- **Initial approval:** $6.28M
- **Forgiven:** $6.35M (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.28M
- **Jobs reported:** 344
## Lender
- **Originating:** Bell Bank
- **Servicing:** Bell Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*