PPP Loan information for Rel inc.

$595,373

Rel inc. was initially approved for PPP Loan of amount $595,373, the current approved amount is $595,373. The loan was approved on 02/09/2021 by The IncredibleBank reported 32 jobs and $595,373 was used to fund payroll.

Rel inc. is Existing or more than 2 years old

PPP Loan Search / MI / Calumet / Rel inc.

REL INC.

Date Approved

02/09/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

REL INC.

Borrower Address

57640 11th St

Borrower City

Calumet

Borrower State

MI

Borrower Zip

49913-3118

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

595372.55

Current Approval Amount

595372.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76755

Servicing Lender Name

IncredibleBank

Servicing Lender Address

327 N 17th Ave

Servicing Lender City

WAUSAU

Servicing Lender State

WI

Servicing Lender Zip

54401-4225

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Calumet

Project County Name

HOUGHTON

Project State

MI

Project Zip

49913-3118

CD

MI-01

Jobs Reported

32

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

595368.55

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

76755

Originating Lender

IncredibleBank

Originating Lender City

WAUSAU

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

600494.39

Forgiveness Date

12/22/2021

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