PPP Loan information for Reo processing inc

$1,319,400

Reo processing inc was initially approved for PPP Loan of amount $1,319,500, the current approved amount is $1,319,400. The loan was approved on 04/07/2020 by The Truist Bank reported 132 jobs and $1,319,400 was used to fund payroll.

Reo processing inc is Existing or more than 2 years old

PPP Loan Search / WV / HUNTINGTON / Reo processing inc

REO PROCESSING INC

Date Approved

04/07/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

REO PROCESSING INC

Borrower Address

20 26TH St

Borrower City

HUNTINGTON

Borrower State

WV

Borrower Zip

25703-1242

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1319500.00

Current Approval Amount

1319400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUNTINGTON

Project County Name

CABELL

Project State

WV

Project Zip

25703-1242

CD

WV-01

Jobs Reported

132

NAICS Code

493190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1319400.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1335892.50

Forgiveness Date

07/22/2021

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