PPP Loan information for Reesman's excavating & grading, inc

$1,197,600

Reesman's excavating & grading, inc was initially approved for PPP Loan of amount $1,197,600, the current approved amount is $1,197,600. The loan was approved on 04/10/2020 by The Community State Bank reported 58 jobs and $1,197,600 was used to fund payroll.

Reesman's excavating & grading, inc is Existing or more than 2 years old

REESMAN'S EXCAVATING & GRADING, INC

Date Approved

04/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

REESMAN'S EXCAVATING & GRADING, INC

Borrower Address

28815 Bushnell Rd

Borrower City

BURLINGTON

Borrower State

WI

Borrower Zip

53105-9434

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1197600.00

Current Approval Amount

1197600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76852

Servicing Lender Name

Community State Bank

Servicing Lender Address

1500 Main St

Servicing Lender City

UNION GROVE

Servicing Lender State

WI

Servicing Lender Zip

53182-1720

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

RACINE

Project State

WI

Project Zip

53105-9434

CD

WI-01

Jobs Reported

58

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

1041600.00

Mortgage Interest Proceed

9600.00

Rent Proceed

23800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

116600.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

76852

Originating Lender

Community State Bank

Originating Lender City

UNION GROVE

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1211052.49

Forgiveness Date

06/02/2021

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