PPP Loan information for Reliance controls corporation

$542,300

Reliance controls corporation was initially approved for PPP Loan of amount $542,300, the current approved amount is $542,300. The loan was approved on 04/27/2020 by The Johnson Bank reported 48 jobs and $542,300 was used to fund payroll.

Reliance controls corporation is Existing or more than 2 years old

RELIANCE CONTROLS CORPORATION

Date Approved

04/27/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

RELIANCE CONTROLS CORPORATION

Borrower Address

2001 YOUNG CT

Borrower City

RACINE

Borrower State

WI

Borrower Zip

53404-1893

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

542300.00

Current Approval Amount

542300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RACINE

Project County Name

RACINE

Project State

WI

Project Zip

53404-1893

CD

WI-01

Jobs Reported

48

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

67787.00

Payroll Proceed

406725.00

Mortgage Interest Proceed

67788.00

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

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

547752.72

Forgiveness Date

05/10/2021

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