PPP Loan information for Reo plastics, inc.

$1,997,000

Reo plastics, inc. was initially approved for PPP Loan of amount $1,997,000, the current approved amount is $1,997,000. The loan was approved on 05/06/2020 by The Deerwood Bank reported 150 jobs and $1,997,000 was used to fund payroll.

Reo plastics, inc. is Existing or more than 2 years old

PPP Loan Search / MN / OSSEO / Reo plastics, inc.

REO PLASTICS, INC.

Date Approved

05/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

REO PLASTICS, INC.

Borrower Address

11850 93rd Ave N

Borrower City

OSSEO

Borrower State

MN

Borrower Zip

55369

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1997000.00

Current Approval Amount

1997000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OSSEO

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-0001

CD

MN-03

Jobs Reported

150

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1637000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

360000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2012143.92

Forgiveness Date

02/11/2021

;