# PPP loan: R & D ENGINEERING & MACHINING INC
> **$234K** approved 04/30/2021 · Paid in Full · Loan `5628898901`
## Borrower
- **Name:** R & D ENGINEERING & MACHINING INC
- **Address:** 129 E North St, Deforest, WI, 53532-1181
- **NAICS:** 334519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $235K (100%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $234K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Farmers & Merchants Union Bank
- **Servicing:** Farmers & Merchants Union Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*