PPP Loan information for Reich tool & design, inc.

$856,000

Reich tool & design, inc. was initially approved for PPP Loan of amount $856,000, the current approved amount is $856,000. The loan was approved on 04/10/2020 by The BMO Harris Bank National Association reported 62 jobs and $856,000 was used to fund payroll.

Reich tool & design, inc. is Existing or more than 2 years old

REICH TOOL & DESIGN, INC.

Date Approved

04/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

REICH TOOL & DESIGN, INC.

Borrower Address

W 175 N 5750 Technology Drive

Borrower City

MENOMONEE FALLS

Borrower State

WI

Borrower Zip

53051

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

856000.00

Current Approval Amount

856000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MENOMONEE FALLS

Project County Name

WAUKESHA

Project State

WI

Project Zip

53051-0500

CD

WI-05

Jobs Reported

62

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

856000.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

863997.15

Forgiveness Date

03/24/2021

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