Rea Magnet Wire Company, Inc.

$9,282,870 PPP Loan in Fort Wayne, Indiana

Loan Details

Loan Number
1070087105
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$9,282,870
Current Approval
$9,282,870
Forgiveness Amount
$9,390,520
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rea Magnet Wire Company, Inc.
Address
3400 E. Coliseum Blvd. Ste 200 0.0
State
Indiana
ZIP Code
46805-1657
Business Type
Corporation
Industry (NAICS)
Manufacturing (331420)
Business Age
Existing or more than 2 years old
Jobs Reported
498
Estimated Revenue
$130.4M
Rural/Urban
Urban
Congressional District
IN-03

Loan Use Breakdown

Payroll
$7,277,473
Rent
$65,397
Utilities
$940,000
Health Care
$1,000,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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