PPP Loan information for Reisch, inc.

$48,700

Reisch, inc. was initially approved for PPP Loan of amount $48,700, the current approved amount is $48,700. The loan was approved on 04/04/2020 by The MidWestOne Bank reported 31 jobs and $48,700 was used to fund payroll.

Reisch, inc. is Existing or more than 2 years old

PPP Loan Search / WI / HUDSON / Reisch, inc.

REISCH, INC.

Date Approved

04/04/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

REISCH, INC.

Borrower Address

9 2nd Street South

Borrower City

HUDSON

Borrower State

WI

Borrower Zip

54016-2233

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48700.00

Current Approval Amount

48700.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUDSON

Project County Name

SAINT CROIX

Project State

WI

Project Zip

54016-2233

CD

WI-07

Jobs Reported

31

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3043.75

Payroll Proceed

36525.00

Mortgage Interest Proceed

3043.75

Rent Proceed

3043.75

Refinance EIDL Proceed

0.00

Health Care Proceed

3043.75

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49053.07

Forgiveness Date

01/07/2021

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