PPP Loan information for Reile's transfer & delivery, inc.

$536,200

Reile's transfer & delivery, inc. was initially approved for PPP Loan of amount $536,200, the current approved amount is $536,200. The loan was approved on 04/12/2020 by The Alerus Financial, National Association reported 62 jobs and $536,200 was used to fund payroll.

Reile's transfer & delivery, inc. is Existing or more than 2 years old

REILE'S TRANSFER & DELIVERY, INC.

Date Approved

04/12/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

REILE'S TRANSFER & DELIVERY, INC.

Borrower Address

4007 33rd st n

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58102-6217

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

536200.00

Current Approval Amount

536200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58102-6217

CD

ND-

Jobs Reported

62

NAICS Code

493110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

67025.00

Payroll Proceed

402150.00

Mortgage Interest Proceed

0.00

Rent Proceed

67025.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

543259.97

Forgiveness Date

08/05/2021

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