PPP Loan information for Reo inc

$76,400

Reo inc was initially approved for PPP Loan of amount $76,400, the current approved amount is $76,400. The loan was approved on 04/10/2020 by The Franklin Bank & Trust Company reported 19 jobs and $76,400 was used to fund payroll.

Reo inc is Existing or more than 2 years old

REO INC

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

REO INC

Borrower Address

408 Southwind Plaza

Borrower City

Mt Vernon

Borrower State

IN

Borrower Zip

47620-2209

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76400.00

Current Approval Amount

76400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27010

Servicing Lender Name

Franklin Bank & Trust Company

Servicing Lender Address

317 N Main St

Servicing Lender City

FRANKLIN

Servicing Lender State

KY

Servicing Lender Zip

42134-1815

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mt Vernon

Project County Name

POSEY

Project State

IN

Project Zip

47620-2209

CD

IN-08

Jobs Reported

19

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

7640.00

Payroll Proceed

57300.00

Mortgage Interest Proceed

0.00

Rent Proceed

11460.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27010

Originating Lender

Franklin Bank & Trust Company

Originating Lender City

FRANKLIN

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

76962.39

Forgiveness Date

01/07/2021

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