PPP Loan information for Reichelt plumbing, inc.

$993,967

Reichelt plumbing, inc. was initially approved for PPP Loan of amount $993,967, the current approved amount is $993,967. The loan was approved on 04/09/2020 by The Horizon Bank reported 60 jobs and $993,967 was used to fund payroll.

Reichelt plumbing, inc. is Existing or more than 2 years old

REICHELT PLUMBING, INC.

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

REICHELT PLUMBING, INC.

Borrower Address

PO Box 177

Borrower City

SCHERERVILLE

Borrower State

IN

Borrower Zip

46375

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

993967.00

Current Approval Amount

993967.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHERERVILLE

Project County Name

LAKE

Project State

IN

Project Zip

46375-0001

CD

IN-01

Jobs Reported

60

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

66265.00

Payroll Proceed

795174.00

Mortgage Interest Proceed

66264.00

Rent Proceed

66264.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1000230.35

Forgiveness Date

12/15/2020

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