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Reddy Electric Co.

$1,411,270 PPP Loan in Xenia, Ohio

Loan Details

Loan Number
5171047003
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,411,270
Current Approval
$1,411,270
Forgiveness Amount
$1,419,777
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Reddy Electric Co.
Address
1145 Bellbrook Ave
City
Xenia
State
Ohio
ZIP Code
45385-4013
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
101
Estimated Revenue
$33.2M
Rural/Urban
Urban
Congressional District
OH-10

Loan Use Breakdown

Payroll
$1,129,016
Rent
$70,564
Utilities
$70,564
Health Care
$141,127

Lender Information

Servicing Lender
The Old Fort Banking Company
Originating Lender
The Old Fort Banking Company

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