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
- City
- Fort Wayne
- 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
Other PPP Loans in Fort Wayne, IN
| Business | Approved | |
|---|---|---|
| Pro Resources, Inc. | $9,614,000 | |
| Ducharme, Mcmillen & Associates, Inc. | $8,084,500 | |
| Ash Brokerage, LLC | $7,152,227 | |
| Weigand Construction Co INC | $6,992,500 | |
| Leaders Staffing LLC | $6,393,300 |
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