PPP Loan information for Reese insurance group inc

$105,500

Reese insurance group inc was initially approved for PPP Loan of amount $105,500, the current approved amount is $105,500. The loan was approved on 04/06/2020 by The American Community Bank & Trust reported 9 jobs and $105,500 was used to fund payroll.

Reese insurance group inc is Existing or more than 2 years old

REESE INSURANCE GROUP INC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

REESE INSURANCE GROUP INC

Borrower Address

302 W CAMPBELL STREET

Borrower City

ARLINGTON HEIGHTS

Borrower State

IL

Borrower Zip

60005-1414

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105500.00

Current Approval Amount

105500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124396

Servicing Lender Name

American Community Bank & Trust

Servicing Lender Address

1290 Lake Ave

Servicing Lender City

WOODSTOCK

Servicing Lender State

IL

Servicing Lender Zip

60098-7415

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON HEIGHTS

Project County Name

COOK

Project State

IL

Project Zip

60005-1414

CD

IL-05

Jobs Reported

9

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

105500.00

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

124396

Originating Lender

American Community Bank & Trust

Originating Lender City

WOODSTOCK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

106089.04

Forgiveness Date

11/05/2020

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