PPP Loan information for Rees scientific corporation

$2,584,254

Rees scientific corporation was initially approved for PPP Loan of amount $2,584,254, the current approved amount is $2,584,254. The loan was approved on 05/05/2020 by The Wells Fargo Bank, National Association reported 180 jobs and $2,584,254 was used to fund payroll.

Rees scientific corporation is Existing or more than 2 years old

REES SCIENTIFIC CORPORATION

Date Approved

05/05/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

REES SCIENTIFIC CORPORATION

Borrower Address

1007 WHITEHEAD ROAD EXT

Borrower City

TRENTON

Borrower State

NJ

Borrower Zip

08638

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2584254.00

Current Approval Amount

2584254.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRENTON

Project County Name

MERCER

Project State

NJ

Project Zip

08638-0001

CD

NJ-12

Jobs Reported

180

NAICS Code

561621

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2584254.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2612220.58

Forgiveness Date

06/11/2021

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