PPP Loan information for Reynolds engineering & equipment inc.

$202,309

Reynolds engineering & equipment inc. was initially approved for PPP Loan of amount $202,309, the current approved amount is $202,309. The loan was approved on 03/18/2021 by The Community Bank and Trust Company reported 16 jobs and $202,309 was used to fund payroll.

Reynolds engineering & equipment inc. is Existing or more than 2 years old

REYNOLDS ENGINEERING & EQUIPMENT INC.

Date Approved

03/18/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

REYNOLDS ENGINEERING & EQUIPMENT INC.

Borrower Address

1602 Musser St

Borrower City

Muscatine

Borrower State

IA

Borrower Zip

52761-1694

Loan Status Date

12/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

202308.60

Current Approval Amount

202308.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25290

Servicing Lender Name

Community Bank and Trust Company

Servicing Lender Address

2609 2nd Ave

Servicing Lender City

MUSCATINE

Servicing Lender State

IA

Servicing Lender Zip

52761-5681

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Muscatine

Project County Name

MUSCATINE

Project State

IA

Project Zip

52761-1694

CD

IA-01

Jobs Reported

16

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

202306.60

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

25290

Originating Lender

Community Bank and Trust Company

Originating Lender City

MUSCATINE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

203882.11

Forgiveness Date

12/28/2021

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