PPP Loan information for Reynolda electric company inc

$154,566

Reynolda electric company inc was initially approved for PPP Loan of amount $154,566, the current approved amount is $154,566. The loan was approved on 05/23/2020 by The Customers Bank reported 14 jobs and $154,566 was used to fund payroll.

Reynolda electric company inc is Existing or more than 2 years old

PPP Loan Search / NC / Rural Hall / Reynolda electric company inc

REYNOLDA ELECTRIC COMPANY INC

Date Approved

05/23/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

REYNOLDA ELECTRIC COMPANY INC

Borrower Address

1325 Langenthal Dr

Borrower City

Rural Hall

Borrower State

NC

Borrower Zip

27045-9800

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154566.00

Current Approval Amount

154566.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rural Hall

Project County Name

FORSYTH

Project State

NC

Project Zip

27045-9800

CD

NC-05

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

154566.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

156861.20

Forgiveness Date

11/17/2021

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