PPP Loan information for Reimel machine, inc.

$502,600

Reimel machine, inc. was initially approved for PPP Loan of amount $502,600, the current approved amount is $502,600. The loan was approved on 04/08/2020 by The Berkshire Bank reported 32 jobs and $502,600 was used to fund payroll.

Reimel machine, inc. is Existing or more than 2 years old

PPP Loan Search / PA / WILLOW GROVE / Reimel machine, inc.

REIMEL MACHINE, INC.

Date Approved

04/08/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

REIMEL MACHINE, INC.

Borrower Address

2575 Wynadotte Rd

Borrower City

WILLOW GROVE

Borrower State

PA

Borrower Zip

19090

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

502600.00

Current Approval Amount

502600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WILLOW GROVE

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19090-0001

CD

PA-04

Jobs Reported

32

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

502600.00

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

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

506166.39

Forgiveness Date

01/13/2021

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