Date Approved
04/05/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
REICHEL INSULATION LLC
Borrower Address
54040 LOREN DRIVE
Borrower City
MANKATO
Borrower State
MN
Borrower Zip
56001-6257
Loan Status Date
08/18/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
180200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
124444
Servicing Lender Name
BankVista
Servicing Lender Address
125 Twin Rivers Ct
Servicing Lender City
SARTELL
Servicing Lender State
Servicing Lender Zip
56377-2144
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BLUE EARTH
Project State
Project Zip
CD
MN-01
Jobs Reported
21
NAICS Code
236115
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
182392.02
Forgiveness Date
07/02/2021