PPP Loan information for Reich llc

$1,740,901

Reich llc was initially approved for PPP Loan of amount $1,740,901, the current approved amount is $1,740,901. The loan was approved on 04/27/2020 by The First Horizon Bank reported 118 jobs and $1,740,901 was used to fund payroll.

Reich llc is Existing or more than 2 years old

PPP Loan Search / NC / ARDEN / Reich llc

REICH LLC

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

REICH LLC

Borrower Address

140 Vista Blvd

Borrower City

ARDEN

Borrower State

NC

Borrower Zip

28704-9457

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1740901.00

Current Approval Amount

1740901.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARDEN

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28704-9457

CD

NC-11

Jobs Reported

118

NAICS Code

336330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

120000.00

Payroll Proceed

1307320.00

Mortgage Interest Proceed

48581.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

220000.00

Debt Interest Proceed

45000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1762372.11

Forgiveness Date

08/02/2021

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