PPP Loan information for Rel distributing inc.

$51,300

Rel distributing inc. was initially approved for PPP Loan of amount $51,300, the current approved amount is $51,300. The loan was approved on 04/15/2020 by The Customers Bank reported 6 jobs and $51,300 was used to fund payroll.

Rel distributing inc. is Existing or more than 2 years old

PPP Loan Search / AZ / Glendale / Rel distributing inc.

REL DISTRIBUTING INC.

Date Approved

04/15/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

REL DISTRIBUTING INC.

Borrower Address

6802 West Frier Drive

Borrower City

Glendale

Borrower State

AZ

Borrower Zip

85303

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51300.00

Current Approval Amount

51300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glendale

Project County Name

MARICOPA

Project State

AZ

Project Zip

85303-0001

CD

AZ-07

Jobs Reported

6

NAICS Code

111211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51300.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51568.45

Forgiveness Date

11/19/2020

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