PPP Loan information for Reynolda electric company inc.

$138,849

Reynolda electric company inc. was initially approved for PPP Loan of amount $138,849, the current approved amount is $138,849. The loan was approved on 03/30/2021 by The Customers Bank reported 12 jobs and $138,849 was used to fund payroll.

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

REYNOLDA ELECTRIC COMPANY INC.

Date Approved

03/30/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

REYNOLDA ELECTRIC COMPANY INC.

Borrower Address

1325 Langenthal Dr N/A

Borrower City

Rural Hall

Borrower State

NC

Borrower Zip

27045-9800

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

138849.00

Current Approval Amount

138849.00

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

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

138845.00

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

139663.07

Forgiveness Date

11/03/2021

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