PPP Loan information for Reids electrical service, llc

$156,200

Reids electrical service, llc was initially approved for PPP Loan of amount $156,200, the current approved amount is $156,200. The loan was approved on 04/10/2020 by The Northwest Bank reported 17 jobs and $156,200 was used to fund payroll.

Reids electrical service, llc is Existing or more than 2 years old

REIDS ELECTRICAL SERVICE, LLC

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

REIDS ELECTRICAL SERVICE, LLC

Borrower Address

9010 W SMITH ST

Borrower City

YORKTOWN

Borrower State

IN

Borrower Zip

47396-1313

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156200.00

Current Approval Amount

156200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

YORKTOWN

Project County Name

DELAWARE

Project State

IN

Project Zip

47396-1313

CD

IN-05

Jobs Reported

17

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1596.22

Payroll Proceed

137714.82

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11888.96

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

157582.26

Forgiveness Date

03/05/2021

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