PPP Loan information for Reach inc

$540,430

Reach inc was initially approved for PPP Loan of amount $540,430, the current approved amount is $540,430. The loan was approved on 01/30/2021 by The Beneficial State Bank reported 165 jobs and $540,430 was used to fund payroll.

Reach inc is Existing or more than 2 years old

PPP Loan Search / OR / Klamath Falls / Reach inc

REACH INC

Date Approved

01/30/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

REACH INC

Borrower Address

2350 Maywood Dr

Borrower City

Klamath Falls

Borrower State

OR

Borrower Zip

97603-4554

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

540430.00

Current Approval Amount

540430.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448130

Servicing Lender Name

Beneficial State Bank

Servicing Lender Address

1438 Webster St, Ste 100

Servicing Lender City

OAKLAND

Servicing Lender State

CA

Servicing Lender Zip

94612-3229

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Klamath Falls

Project County Name

KLAMATH

Project State

OR

Project Zip

97603-4554

CD

OR-02

Jobs Reported

165

NAICS Code

624120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

540425.00

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

Non-Profit Organization

Originating Lender Location Id

448130

Originating Lender

Beneficial State Bank

Originating Lender City

OAKLAND

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

546041.59

Forgiveness Date

02/22/2022

;