Reell Precision Manufacturing Corporation

$2,161,000 PPP Loan in St. Paul, Minnesota

Loan Details

Loan Number
1315607105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$2,161,000
Current Approval
$2,161,000
Forgiveness Amount
$2,189,767
Forgiveness Date
Aug 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reell Precision Manufacturing Corporation
Address
1259 Willow Lake Boulevard 0.0
ZIP Code
55110-5103
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333613)
Business Age
Existing or more than 2 years old
Jobs Reported
134
Estimated Revenue
$35.1M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$2,016,000
Utilities
$20,000
Health Care
$125,000

Lender Information

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

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