PPP Loan information for Rea magnet wire company, inc.

$9,282,870

Rea magnet wire company, inc. was initially approved for PPP Loan of amount $9,282,870, the current approved amount is $9,282,870. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 498 jobs and $9,282,870 was used to fund payroll.

Rea magnet wire company, inc. is Existing or more than 2 years old

PPP Loan Search / IN / Fort Wayne / Rea magnet wire company, inc.

REA MAGNET WIRE COMPANY, INC.

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

REA MAGNET WIRE COMPANY, INC.

Borrower Address

3400 E. Coliseum Blvd. Ste 200 0.0

Borrower City

Fort Wayne

Borrower State

IN

Borrower Zip

46805-1657

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

9282870.00

Current Approval Amount

9282870.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fort Wayne

Project County Name

ALLEN

Project State

IN

Project Zip

46805-1657

CD

IN-03

Jobs Reported

498

NAICS Code

331420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

940000.00

Payroll Proceed

7277473.00

Mortgage Interest Proceed

0.00

Rent Proceed

65397.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1000000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

9390520.35

Forgiveness Date

06/11/2021

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