# PPP loan: R&R MACHINERY MOVING CO
> **$342K** approved 01/23/2021 · Paid in Full · Loan `4969588307`
## Borrower
- **Name:** R&R MACHINERY MOVING CO
- **Address:** 5101 Industrial Blvd NE Ste 100, Minneapolis, MN, 55421-2885
- **NAICS:** 484110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $342K
- **Initial approval:** $342K
- **Forgiven:** $345K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $342K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** First Bank Elk River
- **Servicing:** First Bank Elk River (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*