PPP Loan information for New reynolds electric inc.

$1,560,000

New reynolds electric inc. was initially approved for PPP Loan of amount $1,560,000, the current approved amount is $1,560,000. The loan was approved on 04/08/2020 by The Oregon Pacific Banking Company dba Oregon Pacific Bank reported 82 jobs and $1,560,000 was used to fund payroll.

New reynolds electric inc. is Existing or more than 2 years old

PPP Loan Search / OR / SPRINGFIELD / New reynolds electric inc.

NEW REYNOLDS ELECTRIC INC.

Date Approved

04/08/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

NEW REYNOLDS ELECTRIC INC.

Borrower Address

1084 Postal Way

Borrower City

SPRINGFIELD

Borrower State

OR

Borrower Zip

97477-1123

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1560000.00

Current Approval Amount

1560000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59582

Servicing Lender Name

Oregon Pacific Banking Company dba Oregon Pacific Bank

Servicing Lender Address

1365 Hwy 101

Servicing Lender City

Florence

Servicing Lender State

OR

Servicing Lender Zip

97439

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

LANE

Project State

OR

Project Zip

97477-1123

CD

OR-04

Jobs Reported

82

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9000.00

Payroll Proceed

1511000.00

Mortgage Interest Proceed

0.00

Rent Proceed

24000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

16000

Business Type

Corporation

Originating Lender Location Id

59582

Originating Lender

Oregon Pacific Banking Company dba Oregon Pacific Bank

Originating Lender City

Florence

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1577266.85

Forgiveness Date

05/25/2021

;