PPP Loan information for Gb reese electric inc

$781,000

Gb reese electric inc was initially approved for PPP Loan of amount $468,700, the current approved amount is $781,000. The loan was approved on 04/13/2020 by The Umpqua Bank reported 38 jobs and $781,000 was used to fund payroll.

Gb reese electric inc is Existing or more than 2 years old

PPP Loan Search / OR / NORTH BEND / Gb reese electric inc

GB REESE ELECTRIC INC

Date Approved

04/13/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

GB REESE ELECTRIC INC

Borrower Address

1750 Sherman Avenue

Borrower City

NORTH BEND

Borrower State

OR

Borrower Zip

97459-3534

Loan Status Date

05/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

468700.00

Current Approval Amount

781000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH BEND

Project County Name

COOS

Project State

OR

Project Zip

97459-3534

CD

OR-04

Jobs Reported

38

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

781000.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

788617.42

Forgiveness Date

04/27/2021

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