Reuland Electric Co

$2,060,000 PPP Loan in City of Industry, California

Loan Details

Loan Number
5913897000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,060,000
Current Approval
$2,060,000
Forgiveness Amount
$2,057,601
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reuland Electric Co
Address
17969 E Railroad St
ZIP Code
91748-1113
Business Type
Corporation
Industry (NAICS)
Manufacturing (335312)
Business Age
Existing or more than 2 years old
Jobs Reported
220
Estimated Revenue
$57.6M
Rural/Urban
Urban
Congressional District
CA-31

Loan Use Breakdown

Payroll
$1,545,000
Rent
$515,000

Lender Information

Servicing Lender
Hilltop National Bank
Originating Lender
Hilltop National Bank

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