PPP Loan information for Reith geothermal energy inc

$21,600

Reith geothermal energy inc was initially approved for PPP Loan of amount $21,600, the current approved amount is $21,600. The loan was approved on 04/10/2020 by The New Tripoli Bank reported 2 jobs and $21,600 was used to fund payroll.

Reith geothermal energy inc is Existing or more than 2 years old

REITH GEOTHERMAL ENERGY INC

Date Approved

04/10/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

REITH GEOTHERMAL ENERGY INC

Borrower Address

4857 Raymond Court

Borrower City

EMMAUS

Borrower State

PA

Borrower Zip

18049-1034

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21600.00

Current Approval Amount

21600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61169

Servicing Lender Name

New Tripoli Bank

Servicing Lender Address

6748 Madison St

Servicing Lender City

NEW TRIPOLI

Servicing Lender State

PA

Servicing Lender Zip

18066-3944

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EMMAUS

Project County Name

LEHIGH

Project State

PA

Project Zip

18049-1034

CD

PA-07

Jobs Reported

2

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

21600.00

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

Subchapter S Corporation

Originating Lender Location Id

61169

Originating Lender

New Tripoli Bank

Originating Lender City

NEW TRIPOLI

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21755.64

Forgiveness Date

01/06/2021

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