PPP Loan information for Reichert enterprises, inc.

$533,100

Reichert enterprises, inc. was initially approved for PPP Loan of amount $533,100, the current approved amount is $533,100. The loan was approved on 04/05/2020 by The Bremer Bank, National Association reported 103 jobs and $533,100 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

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

REICHERT ENTERPRISES, INC.

Borrower Address

8342 Industrial Park Road

Borrower City

BAXTER

Borrower State

MN

Borrower Zip

56425-8272

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

533100.00

Current Approval Amount

533100.00

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

103

NAICS Code

485410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

533100.00

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

537861.39

Forgiveness Date

03/03/2021

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