PPP Loan information for Reel-core, inc.

$725,000

Reel-core, inc. was initially approved for PPP Loan of amount $725,000, the current approved amount is $725,000. The loan was approved on 04/14/2020 by The Waukon State Bank reported 79 jobs and $725,000 was used to fund payroll.

Reel-core, inc. is Existing or more than 2 years old

REEL-CORE, INC.

Date Approved

04/14/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

REEL-CORE, INC.

Borrower Address

904 3RD AVE SW

Borrower City

WAUKON

Borrower State

IA

Borrower Zip

52172-1560

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

725000.00

Current Approval Amount

725000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25556

Servicing Lender Name

Waukon State Bank

Servicing Lender Address

22 W Main St

Servicing Lender City

WAUKON

Servicing Lender State

IA

Servicing Lender Zip

52172-1645

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAUKON

Project County Name

ALLAMAKEE

Project State

IA

Project Zip

52172-1560

CD

IA-02

Jobs Reported

79

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

725000.00

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

25556

Originating Lender

Waukon State Bank

Originating Lender City

WAUKON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

674494.26

Forgiveness Date

11/16/2021

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