PPP Loan information for Renewable energy innovations, inc.

$124,277

Renewable energy innovations, inc. was initially approved for PPP Loan of amount $124,277, the current approved amount is $124,277. The loan was approved on 04/14/2020 by The Farmers and Merchants Bank reported 10 jobs and $124,277 was used to fund payroll.

Renewable energy innovations, inc. is Existing or more than 2 years old

RENEWABLE ENERGY INNOVATIONS, INC.

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

RENEWABLE ENERGY INNOVATIONS, INC.

Borrower Address

127 W MAIN ST

Borrower City

LAKELAND

Borrower State

GA

Borrower Zip

31635-6866

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124277.00

Current Approval Amount

124277.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19521

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

4 N Carter St

Servicing Lender City

LAKELAND

Servicing Lender State

GA

Servicing Lender Zip

31635-5678

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKELAND

Project County Name

LANIER

Project State

GA

Project Zip

31635-6866

CD

GA-08

Jobs Reported

10

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

124277.00

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

19521

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAKELAND

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

125833.91

Forgiveness Date

07/20/2021

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