PPP Loan information for Rea & associates, inc.

$5,582,600

Rea & associates, inc. was initially approved for PPP Loan of amount $5,582,600, the current approved amount is $5,582,600. The loan was approved on 04/07/2020 by The First Federal Savings & Loan Association of Lakewood reported 365 jobs and $5,582,600 was used to fund payroll.

Rea & associates, inc. is Existing or more than 2 years old

REA & ASSOCIATES, INC.

Date Approved

04/07/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

REA & ASSOCIATES, INC.

Borrower Address

419 West High Avenue

Borrower City

NEW PHILADELPHIA

Borrower State

OH

Borrower Zip

44663-3621

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5582600.00

Current Approval Amount

5582600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81934

Servicing Lender Name

First Federal Savings & Loan Association of Lakewood

Servicing Lender Address

14806 Detroit Ave

Servicing Lender City

LAKEWOOD

Servicing Lender State

OH

Servicing Lender Zip

44107-3910

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW PHILADELPHIA

Project County Name

TUSCARAWAS

Project State

OH

Project Zip

44663-3621

CD

OH-06

Jobs Reported

365

NAICS Code

541211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5582600.00

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

81934

Originating Lender

First Federal Savings & Loan Association of Lakewood

Originating Lender City

LAKEWOOD

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5647885.41

Forgiveness Date

06/16/2021

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