Reich LLC

$1,740,901 PPP Loan in Arden, North Carolina

Loan Details

Loan Number
3967537200
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,740,901
Current Approval
$1,740,901
Forgiveness Amount
$1,762,372
Forgiveness Date
Aug 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reich LLC
Address
140 Vista Blvd
City
Arden
ZIP Code
28704-9457
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (336330)
Business Age
Existing or more than 2 years old
Jobs Reported
118
Estimated Revenue
$30.9M
Rural/Urban
Urban
Congressional District
NC-11

Loan Use Breakdown

Payroll
$1,307,320
Utilities
$120,000
Health Care
$220,000
Mortgage Interest
$48,581
Debt Interest
$45,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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