# PPP loan: R T MACHINE COMPANY, INC
> **$234K** approved 04/04/2020 · Paid in Full · Loan `4680707004`
## Borrower
- **Name:** R T MACHINE COMPANY, INC
- **Address:** 201 BOAK AVE, HUGHESVILLE, PA, 17737-9082
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $237K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Utilities:** $59K
- **Jobs reported:** 17
## Lender
- **Originating:** Woodlands Bank
- **Servicing:** Woodlands Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*