PPP Loan information for Rex engineering group ltd

$562,030

Rex engineering group ltd was initially approved for PPP Loan of amount $562,030, the current approved amount is $562,030. The loan was approved on 01/27/2021 by The Loan Source Incorporated reported 27 jobs and $562,030 was used to fund payroll.

Rex engineering group ltd is Existing or more than 2 years old

REX ENGINEERING GROUP LTD

Date Approved

01/27/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

REX ENGINEERING GROUP LTD

Borrower Address

280 Shuman Blvd Ste 108

Borrower City

Naperville

Borrower State

IL

Borrower Zip

60563-8401

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

562030.00

Current Approval Amount

562030.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Naperville

Project County Name

DUPAGE

Project State

IL

Project Zip

60563-8401

CD

IL-11

Jobs Reported

27

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

562025.00

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

Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

567049.77

Forgiveness Date

12/29/2021

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