PPP Loan information for Reliance gear corporation

$583,095

Reliance gear corporation was initially approved for PPP Loan of amount $583,095, the current approved amount is $583,095. The loan was approved on 05/03/2020 by The Celtic Bank Corporation reported 46 jobs and $583,095 was used to fund payroll.

Reliance gear corporation is Existing or more than 2 years old

RELIANCE GEAR CORPORATION

Date Approved

05/03/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RELIANCE GEAR CORPORATION

Borrower Address

616 Lamont Road

Borrower City

Elmhurst

Borrower State

IL

Borrower Zip

60126

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

583095.00

Current Approval Amount

583095.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elmhurst

Project County Name

DUPAGE

Project State

IL

Project Zip

60126-0001

CD

IL-06

Jobs Reported

46

NAICS Code

333612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

583095.00

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

Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

591513.93

Forgiveness Date

10/18/2021

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