PPP Loan information for Reach tree inc.

$57,300

Reach tree inc. was initially approved for PPP Loan of amount $57,300, the current approved amount is $57,300. The loan was approved on 06/26/2020 by The Magnifi Financial CU reported 10 jobs and $57,300 was used to fund payroll.

Reach tree inc. is Existing or more than 2 years old

PPP Loan Search / MN / Little Falls / Reach tree inc.

REACH TREE INC.

Date Approved

06/26/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

REACH TREE INC.

Borrower Address

804 6th Ave SW

Borrower City

Little Falls

Borrower State

MN

Borrower Zip

56345

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

57300.00

Current Approval Amount

57300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Little Falls

Project County Name

MORRISON

Project State

MN

Project Zip

56345-0001

CD

MN-07

Jobs Reported

10

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57300.00

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

Subchapter S Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57596.70

Forgiveness Date

01/07/2021

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