PPP Loan information for Reliable equipment leasing, inc.

$298,770

Reliable equipment leasing, inc. was initially approved for PPP Loan of amount $298,770, the current approved amount is $298,770. The loan was approved on 04/07/2020 by The Manufacturers and Traders Trust Company reported 21 jobs and $298,770 was used to fund payroll.

Reliable equipment leasing, inc. is Existing or more than 2 years old

RELIABLE EQUIPMENT LEASING, INC.

Date Approved

04/07/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

RELIABLE EQUIPMENT LEASING, INC.

Borrower Address

352 ALBANY ST

Borrower City

SPRINGFIELD

Borrower State

MA

Borrower Zip

01105-1017

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

298770.00

Current Approval Amount

298770.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

HAMPDEN

Project State

MA

Project Zip

01105-1017

CD

MA-01

Jobs Reported

21

NAICS Code

532490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

298770.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

300644.47

Forgiveness Date

12/10/2020

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