PPP Loan information for Rco reed corporation

$267,037

Rco reed corporation was initially approved for PPP Loan of amount $267,037, the current approved amount is $267,037. The loan was approved on 04/10/2020 by The Horizon Bank reported 23 jobs and $267,037 was used to fund payroll.

Rco reed corporation is Existing or more than 2 years old

RCO REED CORPORATION

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RCO REED CORPORATION

Borrower Address

1050 Eastview Drive

Borrower City

FRANKLIN

Borrower State

IN

Borrower Zip

46131-9588

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

267037.00

Current Approval Amount

267037.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

JOHNSON

Project State

IN

Project Zip

46131-9588

CD

IN-06

Jobs Reported

23

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

53408.00

Payroll Proceed

213629.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

268990.39

Forgiveness Date

01/20/2021

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