PPP Loan information for Reds electrical service inc

$1,954,500

Reds electrical service inc was initially approved for PPP Loan of amount $1,954,500, the current approved amount is $1,954,500. The loan was approved on 03/10/2021 by The KeyBank National Association reported 137 jobs and $1,954,500 was used to fund payroll.

Reds electrical service inc is Existing or more than 2 years old

REDS ELECTRICAL SERVICE INC

Date Approved

03/10/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

REDS ELECTRICAL SERVICE INC

Borrower Address

1935 NE Stephens St

Borrower City

Roseburg

Borrower State

OR

Borrower Zip

97470-1435

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1954500.00

Current Approval Amount

1954500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Roseburg

Project County Name

DOUGLAS

Project State

OR

Project Zip

97470-1435

CD

OR-04

Jobs Reported

137

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1954498.00

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

Subchapter S Corporation

Originating Lender Location Id

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1979346.25

Forgiveness Date

07/08/2022

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