PPP Loan information for Reliable electric products company inc

$42,465

Reliable electric products company inc was initially approved for PPP Loan of amount $42,465, the current approved amount is $42,465. The loan was approved on 01/23/2021 by The Itria Ventures LLC reported 3 jobs and $42,465 was used to fund payroll.

Reliable electric products company inc is Existing or more than 2 years old

RELIABLE ELECTRIC PRODUCTS COMPANY INC

Date Approved

01/23/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

RELIABLE ELECTRIC PRODUCTS COMPANY INC

Borrower Address

309

Borrower City

LENOIR CITY

Borrower State

TN

Borrower Zip

37771

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42465.00

Current Approval Amount

42465.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529471

Servicing Lender Name

Itria Ventures LLC

Servicing Lender Address

One Penn Plaza, Suite 4530

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10119

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LENOIR CITY

Project County Name

LOUDON

Project State

TN

Project Zip

37771

CD

TN-02

Jobs Reported

3

NAICS Code

423610

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

42464.00

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

Subchapter S Corporation

Originating Lender Location Id

529471

Originating Lender

Itria Ventures LLC

Originating Lender City

New York

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42625.42

Forgiveness Date

06/15/2021

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