PPP Loan information for Rees associates inc.

$817,148

Rees associates inc. was initially approved for PPP Loan of amount $817,148, the current approved amount is $817,148. The loan was approved on 01/27/2021 by The Two Rivers Bank & Trust reported 111 jobs and $817,148 was used to fund payroll.

Rees associates inc. is Existing or more than 2 years old

PPP Loan Search / IA / Des Moines / Rees associates inc.

REES ASSOCIATES INC.

Date Approved

01/27/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

REES ASSOCIATES INC.

Borrower Address

1800 SW 2nd St

Borrower City

Des Moines

Borrower State

IA

Borrower Zip

50315-7147

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

817147.70

Current Approval Amount

817147.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434140

Servicing Lender Name

Two Rivers Bank & Trust

Servicing Lender Address

222 N Main St

Servicing Lender City

BURLINGTON

Servicing Lender State

IA

Servicing Lender Zip

52601-5214

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Des Moines

Project County Name

POLK

Project State

IA

Project Zip

50315-7147

CD

IA-03

Jobs Reported

111

NAICS Code

541860

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

817145.70

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

434140

Originating Lender

Two Rivers Bank & Trust

Originating Lender City

BURLINGTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

822277.57

Forgiveness Date

09/15/2021

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