PPP Loan information for Reeve electric company inc

$674,718

Reeve electric company inc was initially approved for PPP Loan of amount $674,718, the current approved amount is $674,718. The loan was approved on 04/28/2020 by The Synovus Bank reported 31 jobs and $674,718 was used to fund payroll.

Reeve electric company inc is Existing or more than 2 years old

PPP Loan Search / AL / BIRMINGHAM / Reeve electric company inc

REEVE ELECTRIC COMPANY INC

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

REEVE ELECTRIC COMPANY INC

Borrower Address

2428 2nd Avenue

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35233-2509

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

674717.50

Current Approval Amount

674717.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35233-2597

CD

AL-07

Jobs Reported

31

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

674717.50

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

681316.79

Forgiveness Date

04/23/2021

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