PPP Loan information for Rel, inc

$439,716

Rel, inc was initially approved for PPP Loan of amount $357,041, the current approved amount is $439,716. The loan was approved on 04/07/2020 by The ANB Bank reported 32 jobs and $439,716 was used to fund payroll.

Rel, inc is Existing or more than 2 years old

REL, INC

Date Approved

04/07/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

REL, INC

Borrower Address

2465 Highway 50

Borrower City

GRAND JUNCTION

Borrower State

CO

Borrower Zip

81505-1107

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

357041.00

Current Approval Amount

439716.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15169

Servicing Lender Name

ANB Bank

Servicing Lender Address

3033 E 1st Ave, Ste 200

Servicing Lender City

DENVER

Servicing Lender State

CO

Servicing Lender Zip

80206-5618

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND JUNCTION

Project County Name

MESA

Project State

CO

Project Zip

81505-1107

CD

CO-03

Jobs Reported

32

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

329787.00

Mortgage Interest Proceed

0.00

Rent Proceed

109929.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

15169

Originating Lender

ANB Bank

Originating Lender City

DENVER

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

443137.35

Forgiveness Date

01/25/2021

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