PPP Loan information for Reynolds business systems inc

$207,400

Reynolds business systems inc was initially approved for PPP Loan of amount $207,400, the current approved amount is $207,400. The loan was approved on 04/08/2020 by The Truist Bank reported 20 jobs and $207,400 was used to fund payroll.

Reynolds business systems inc is Existing or more than 2 years old

PPP Loan Search / PA / ALLENTOWN / Reynolds business systems inc

REYNOLDS BUSINESS SYSTEMS INC

Date Approved

04/08/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

REYNOLDS BUSINESS SYSTEMS INC

Borrower Address

682 N BROOKSIDE RD STE C

Borrower City

ALLENTOWN

Borrower State

PA

Borrower Zip

18106-9646

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

207400.00

Current Approval Amount

207400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALLENTOWN

Project County Name

LEHIGH

Project State

PA

Project Zip

18106-9646

CD

PA-07

Jobs Reported

20

NAICS Code

518210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

207400.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

209013.11

Forgiveness Date

01/26/2021

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