Reo Plastics, Inc.

$1,997,000 PPP Loan in Osseo, Minnesota

Loan Details

Loan Number
2746497410
Date Approved
May 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,997,000
Current Approval
$1,997,000
Forgiveness Amount
$2,012,144
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reo Plastics, Inc.
Address
11850 93rd Ave N
City
Osseo
ZIP Code
55369
Business Type
Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
150
Estimated Revenue
$148.8M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$1,637,000
Health Care
$360,000

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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