PPP Loan information for Reich insurance inc

$71,308

Reich insurance inc was initially approved for PPP Loan of amount $71,308, the current approved amount is $71,308. The loan was approved on 02/27/2021 by The Truist Bank reported 7 jobs and $71,308 was used to fund payroll.

Reich insurance inc is Existing or more than 2 years old

REICH INSURANCE INC

Date Approved

02/27/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

REICH INSURANCE INC

Borrower Address

6 Hearthstone Ct Ste 103

Borrower City

Reading

Borrower State

PA

Borrower Zip

19606-3053

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

71308.00

Current Approval Amount

71308.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Reading

Project County Name

BERKS

Project State

PA

Project Zip

19606-3053

CD

PA-06

Jobs Reported

7

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

71308.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72066.64

Forgiveness Date

03/23/2022

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