# PPP loan: R&R MACHINE INDUSTRIES INC
> **$164K** approved 04/08/2020 · Paid in Full · Loan `8728917006`
## Borrower
- **Name:** R&R MACHINE INDUSTRIES INC
- **Address:** 147 Industrial Dr. #10, NORTH SMITHFIELD, RI, 02896-8035
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $136K
- **Rent:** $16K
- **Utilities:** $12K
- **Jobs reported:** 17
## Lender
- **Originating:** Digital FCU
- **Servicing:** Digital FCU (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*