PPP Loan information for Reyco electrical services inc.

$572,800

Reyco electrical services inc. was initially approved for PPP Loan of amount $572,800, the current approved amount is $572,800. The loan was approved on 03/26/2021 by The Virginia Partners Bank reported 38 jobs and $572,800 was used to fund payroll.

Reyco electrical services inc. is Existing or more than 2 years old

PPP Loan Search / MD / Waldorf / Reyco electrical services inc.

REYCO ELECTRICAL SERVICES INC.

Date Approved

03/26/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

REYCO ELECTRICAL SERVICES INC.

Borrower Address

7 Jay Gould Ct Ste 6

Borrower City

Waldorf

Borrower State

MD

Borrower Zip

20602-2740

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

572800.00

Current Approval Amount

572800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

457564

Servicing Lender Name

Virginia Partners Bank

Servicing Lender Address

410 William St

Servicing Lender City

FREDERICKSBURG

Servicing Lender State

VA

Servicing Lender Zip

22401-5834

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waldorf

Project County Name

CHARLES

Project State

MD

Project Zip

20602-2740

CD

MD-05

Jobs Reported

38

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

572798.00

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

457564

Originating Lender

Virginia Partners Bank

Originating Lender City

FREDERICKSBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

576204.98

Forgiveness Date

10/27/2021

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