PPP Loan information for Reel recovery, inc.

$39,000

Reel recovery, inc. was initially approved for PPP Loan of amount $39,000, the current approved amount is $39,000. The loan was approved on 04/13/2020 by The Live Oak Banking Company reported 3 jobs and $39,000 was used to fund payroll.

Reel recovery, inc. is Existing or more than 2 years old

REEL RECOVERY, INC.

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

REEL RECOVERY, INC.

Borrower Address

160 Brookside Road

Borrower City

Needham

Borrower State

MA

Borrower Zip

02492

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39000.00

Current Approval Amount

39000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Needham

Project County Name

NORFOLK

Project State

MA

Project Zip

02492-0001

CD

MA-04

Jobs Reported

3

NAICS Code

813212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

39000.00

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

Non-Profit Organization

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

39341.92

Forgiveness Date

03/05/2021

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