PPP Loan information for Reif oil company

$721,500

Reif oil company was initially approved for PPP Loan of amount $721,500, the current approved amount is $721,500. The loan was approved on 04/13/2020 by The MidWestOne Bank reported 189 jobs and $721,500 was used to fund payroll.

Reif oil company is Existing or more than 2 years old

PPP Loan Search / IA / BURLINGTON / Reif oil company

REIF OIL COMPANY

Date Approved

04/13/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

REIF OIL COMPANY

Borrower Address

801 N 3RD STREET

Borrower City

BURLINGTON

Borrower State

IA

Borrower Zip

52601-5006

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

721500.00

Current Approval Amount

721500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

DES MOINES

Project State

IA

Project Zip

52601-5006

CD

IA-01

Jobs Reported

189

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

45093.75

Payroll Proceed

541125.00

Mortgage Interest Proceed

45093.75

Rent Proceed

45093.75

Refinance EIDL Proceed

0.00

Health Care Proceed

45093.75

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

729777.21

Forgiveness Date

06/02/2021

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