PPP Loan information for Reichel insulation llc

$180,200

Reichel insulation llc was initially approved for PPP Loan of amount $180,200, the current approved amount is $180,200. The loan was approved on 04/05/2020 by The BankVista reported 21 jobs and $180,200 was used to fund payroll.

Reichel insulation llc is Existing or more than 2 years old

REICHEL INSULATION LLC

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

180200.00

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

MN

Servicing Lender Zip

56377-2144

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANKATO

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-6257

CD

MN-01

Jobs Reported

21

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

180200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

124444

Originating Lender

BankVista

Originating Lender City

SARTELL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

182392.02

Forgiveness Date

07/02/2021

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