PPP Loan information for Reichert enterprises inc.

$542,585

Reichert enterprises inc. was initially approved for PPP Loan of amount $542,585, the current approved amount is $542,585. The loan was approved on 01/22/2021 by The Bremer Bank, National Association reported 100 jobs and $542,585 was used to fund payroll.

Reichert enterprises inc. is Existing or more than 2 years old

PPP Loan Search / MN / Baxter / Reichert enterprises inc.

REICHERT ENTERPRISES INC.

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

REICHERT ENTERPRISES INC.

Borrower Address

8342 Industrial Park Rd

Borrower City

Baxter

Borrower State

MN

Borrower Zip

56425-8272

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

542585.00

Current Approval Amount

542585.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Baxter

Project County Name

CROW WING

Project State

MN

Project Zip

56425-8272

CD

MN-08

Jobs Reported

100

NAICS Code

485113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

542581.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

547237.85

Forgiveness Date

12/07/2021

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