PPP Loan information for Reaction engineering international

$269,930

Reaction engineering international was initially approved for PPP Loan of amount $269,930, the current approved amount is $269,930. The loan was approved on 04/28/2020 by The Hercules First FCU reported 14 jobs and $269,930 was used to fund payroll.

Reaction engineering international is Existing or more than 2 years old

REACTION ENGINEERING INTERNATIONAL

Date Approved

04/28/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

REACTION ENGINEERING INTERNATIONAL

Borrower Address

189 E Fort Union Blvd Suite 201

Borrower City

Midvale

Borrower State

UT

Borrower Zip

84047-5661

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

269930.00

Current Approval Amount

269930.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

106732

Servicing Lender Name

Hercules First FCU

Servicing Lender Address

3141 W 4700 S

Servicing Lender City

TAYLORSVILLE

Servicing Lender State

UT

Servicing Lender Zip

84129-2525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midvale

Project County Name

SALT LAKE

Project State

UT

Project Zip

84047-5661

CD

UT-04

Jobs Reported

14

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

269930.00

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

106732

Originating Lender

Hercules First FCU

Originating Lender City

TAYLORSVILLE

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

271324.64

Forgiveness Date

11/03/2020

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