Reimel Machine, Inc.

$502,600 PPP Loan in Willow Grove, Pennsylvania

Loan Details

Loan Number
8682727001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$502,600
Current Approval
$502,600
Forgiveness Amount
$506,166
Forgiveness Date
Jan 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reimel Machine, Inc.
Address
2575 Wynadotte Rd
ZIP Code
19090
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$7.8M
Rural/Urban
Urban
Congressional District
PA-04

Loan Use Breakdown

Payroll
$502,600

Lender Information

Servicing Lender
Berkshire Bank
Originating Lender
Berkshire Bank

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