# PPP loan: R&M MACHINE, INC.
> **$572K** approved 04/29/2020 · Paid in Full · Loan `3310807302`
## Borrower
- **Name:** R&M MACHINE, INC.
- **Address:** 23895 REGENCY PARK DR, WARREN, MI, 48089-2677
- **NAICS:** 921190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $572K
- **Initial approval:** $572K
- **Forgiven:** $577K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $572K
- **Jobs reported:** 39
## Lender
- **Originating:** Oxford Bank
- **Servicing:** Oxford Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*