PPP Loan information for Reith geothermal energy inc.

$24,417

Reith geothermal energy inc. was initially approved for PPP Loan of amount $24,417, the current approved amount is $24,417. The loan was approved on 01/19/2021 by The New Tripoli Bank reported 3 jobs and $24,417 was used to fund payroll.

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

PPP Loan Search / PA / Emmaus / Reith geothermal energy inc.

REITH GEOTHERMAL ENERGY INC.

Date Approved

01/19/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

REITH GEOTHERMAL ENERGY INC.

Borrower Address

4857 Raymond Ct

Borrower City

Emmaus

Borrower State

PA

Borrower Zip

18049-1034

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24416.60

Current Approval Amount

24416.60

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

3

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

24415.60

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

24670.80

Forgiveness Date

02/14/2022

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