PPP Loan information for New reynolds electric inc.

$1,427,039

New reynolds electric inc. was initially approved for PPP Loan of amount $1,427,039, the current approved amount is $1,427,039. The loan was approved on 02/01/2021 by The Oregon Pacific Banking Company dba Oregon Pacific Bank reported 98 jobs and $1,427,039 was used to fund payroll.

New reynolds electric inc. is Existing or more than 2 years old

NEW REYNOLDS ELECTRIC INC.

Date Approved

02/01/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

NEW REYNOLDS ELECTRIC INC.

Borrower Address

1084 Postal Way

Borrower City

Springfield

Borrower State

OR

Borrower Zip

97477-1123

Loan Status Date

05/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1427038.95

Current Approval Amount

1427038.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59582

Servicing Lender Name

Oregon Pacific Banking Company dba Oregon Pacific Bank

Servicing Lender Address

1365 Hwy 101

Servicing Lender City

Florence

Servicing Lender State

OR

Servicing Lender Zip

97439

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

LANE

Project State

OR

Project Zip

97477-1123

CD

OR-04

Jobs Reported

98

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1427038.95

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

59582

Originating Lender

Oregon Pacific Banking Company dba Oregon Pacific Bank

Originating Lender City

Florence

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1443967.93

Forgiveness Date

04/19/2022

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