Reif Oil Company

$721,500 PPP Loan in Burlington, Iowa

Loan Details

Loan Number
4270367104
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$721,500
Current Approval
$721,500
Forgiveness Amount
$729,777
Forgiveness Date
Jun 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reif Oil Company
Address
801 N 3rd Street
State
Iowa
ZIP Code
52601-5006
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (447110)
Business Age
Existing or more than 2 years old
Jobs Reported
189
Estimated Revenue
$63.2M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$541,125
Rent
$45,094
Utilities
$45,094
Health Care
$45,094
Mortgage Interest
$45,094

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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