Reynolds Motor Company

$745,035 PPP Loan in East Moline, Illinois

Loan Details

Loan Number
2363287202
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$745,035
Current Approval
$741,930
Forgiveness Amount
$751,287
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reynolds Motor Company
Address
1900 Avenue of the Cities
ZIP Code
61244-4123
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$12.6M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$611,930
Rent
$50,000
Utilities
$20,000
Health Care
$60,000

Lender Information

Servicing Lender
Tbk Bank, Ssb
Originating Lender
Tbk Bank, Ssb

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