PPP Loan information for Reach service & equipment, inc

$135,000

Reach service & equipment, inc was initially approved for PPP Loan of amount $135,000, the current approved amount is $135,000. The loan was approved on 04/10/2020 by The Paradise Bank reported 35 jobs and $135,000 was used to fund payroll.

Reach service & equipment, inc is Existing or more than 2 years old

REACH SERVICE & EQUIPMENT, INC

Date Approved

04/10/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

REACH SERVICE & EQUIPMENT, INC

Borrower Address

7027 W BROWARD BLVD SUITE 283

Borrower City

PLANTATION

Borrower State

FL

Borrower Zip

33317-2208

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135000.00

Current Approval Amount

135000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434144

Servicing Lender Name

Paradise Bank

Servicing Lender Address

2420 N Federal Hwy

Servicing Lender City

BOCA RATON

Servicing Lender State

FL

Servicing Lender Zip

33431-7714

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PLANTATION

Project County Name

BROWARD

Project State

FL

Project Zip

33317-2208

CD

FL-20

Jobs Reported

35

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

119000.00

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434144

Originating Lender

Paradise Bank

Originating Lender City

BOCA RATON

Originating Lender State

FL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

125875.00

Forgiveness Date

12/28/2020

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