PPP Loan information for Reliable electric products company inc

$43,100

Reliable electric products company inc was initially approved for PPP Loan of amount $43,100, the current approved amount is $43,100. The loan was approved on 04/06/2020 by The Renasant Bank reported 3 jobs and $43,100 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

04/06/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

RELIABLE ELECTRIC PRODUCTS COMPANY INC

Borrower Address

309 SAM RAY BURN PKWY

Borrower City

LENOIR CITY

Borrower State

TN

Borrower Zip

37771-3353

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43100.00

Current Approval Amount

43100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LENOIR CITY

Project County Name

ROANE

Project State

TN

Project Zip

37771-3353

CD

TN-02

Jobs Reported

3

NAICS Code

423610

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

43100.00

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

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43362.19

Forgiveness Date

11/27/2020

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