PPP Loan information for Ries electric inc

$91,039

Ries electric inc was initially approved for PPP Loan of amount $97,981, the current approved amount is $91,039. The loan was approved on 04/16/2020 by The TBK Bank, SSB reported 7 jobs and $91,039 was used to fund payroll.

Ries electric inc is Existing or more than 2 years old

RIES ELECTRIC INC

Date Approved

04/16/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

RIES ELECTRIC INC

Borrower Address

60 S Main St

Borrower City

KEENESBURG

Borrower State

CO

Borrower Zip

80643

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97981.00

Current Approval Amount

91039.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71488

Servicing Lender Name

TBK Bank, SSB

Servicing Lender Address

12700 Park Central Dr, Ste 1700

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75251-1517

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KEENESBURG

Project County Name

WELD

Project State

CO

Project Zip

80643-0001

CD

CO-04

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2107.00

Payroll Proceed

72512.45

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16420.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

71488

Originating Lender

TBK Bank, SSB

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

92043.41

Forgiveness Date

05/20/2021

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