PPP Loan information for Reese electric inc

$108,625

Reese electric inc was initially approved for PPP Loan of amount $108,625, the current approved amount is $108,625. The loan was approved on 04/30/2020 by The U.S. Bank, National Association reported 7 jobs and $108,625 was used to fund payroll.

Reese electric inc is Existing or more than 2 years old

REESE ELECTRIC INC

Date Approved

04/30/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

REESE ELECTRIC INC

Borrower Address

9904 STATE

Borrower City

VERSAILLES

Borrower State

OH

Borrower Zip

45380

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108625.00

Current Approval Amount

108625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VERSAILLES

Project County Name

DARKE

Project State

OH

Project Zip

45380-0001

CD

OH-08

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

108625.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

109747.46

Forgiveness Date

05/19/2021

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