Reiss Wholesale Hardware Co. Inc.

$819,240 PPP Loan in Brooklyn, New York

Loan Details

Loan Number
2633537206
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$819,240
Current Approval
$819,240
Forgiveness Amount
$826,845
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reiss Wholesale Hardware Co. Inc.
Address
975 Georgia Avenue
ZIP Code
11207
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423710)
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
$22.1M
Rural/Urban
Urban
Congressional District
NY-07

Loan Use Breakdown

Payroll
$586,240
Rent
$138,000
Utilities
$20,000
Health Care
$61,000
Debt Interest
$14,000

Lender Information

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

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