# PPP loan: RICHMOND MACHINE CO.
> **$341K** approved 01/23/2021 · Paid in Full · Loan `4972268306`
## Borrower
- **Name:** RICHMOND MACHINE CO.
- **Address:** 1528 Travis Dr, Montpelier, OH, 43543-9569
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $341K
- **Forgiven:** $343K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $341K
- **Jobs reported:** 23
## Lender
- **Originating:** The Farmers & Merchants State Bank
- **Servicing:** The Farmers & Merchants State Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*