PPP Loan information for Radio engineering industries inc

$2,000,000

Radio engineering industries inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/21/2021 by The Arbor Bank reported 161 jobs and $2,000,000 was used to fund payroll.

Radio engineering industries inc is Existing or more than 2 years old

RADIO ENGINEERING INDUSTRIES INC

Date Approved

01/21/2021

SBA Office Code

0766

Processing Method

PPS

Borrower Name

RADIO ENGINEERING INDUSTRIES INC

Borrower Address

6534 L St

Borrower City

Omaha

Borrower State

NE

Borrower Zip

68117-1112

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42371

Servicing Lender Name

Arbor Bank

Servicing Lender Address

911 Central Ave

Servicing Lender City

NEBRASKA CITY

Servicing Lender State

NE

Servicing Lender Zip

68410-2334

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Omaha

Project County Name

DOUGLAS

Project State

NE

Project Zip

68117-1112

CD

NE-02

Jobs Reported

161

NAICS Code

334310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

42371

Originating Lender

Arbor Bank

Originating Lender City

NEBRASKA CITY

Originating Lender State

NE

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2021166.67

Forgiveness Date

02/08/2022

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