PPP Loan information for Rees truck & trailer, inc.

$298,500

Rees truck & trailer, inc. was initially approved for PPP Loan of amount $298,500, the current approved amount is $298,500. The loan was approved on 04/04/2020 by The Northwest Bank reported 23 jobs and $298,500 was used to fund payroll.

Rees truck & trailer, inc. is Existing or more than 2 years old

PPP Loan Search / IA / FORT DODGE / Rees truck & trailer, inc.

REES TRUCK & TRAILER, INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

REES TRUCK & TRAILER, INC.

Borrower Address

3508 5th Ave S

Borrower City

FORT DODGE

Borrower State

IA

Borrower Zip

50501-6500

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

298500.00

Current Approval Amount

298500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT DODGE

Project County Name

WEBSTER

Project State

IA

Project Zip

50501-6500

CD

IA-04

Jobs Reported

23

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5500.00

Payroll Proceed

240500.00

Mortgage Interest Proceed

0.00

Rent Proceed

19000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

33500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

300373.92

Forgiveness Date

11/27/2020

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