New Reynolds Electric Inc.
$1,560,000 PPP Loan in Springfield, Oregon
Loan Details
- Loan Number
- 8766077004
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,560,000
- Current Approval
- $1,560,000
- Forgiveness Amount
- $1,577,267
- Forgiveness Date
- May 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- New Reynolds Electric Inc.
- Address
- 1084 Postal Way
- City
- Springfield
- State
- Oregon
- ZIP Code
- 97477-1123
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 82
- Estimated Revenue
- $27.0M
- Rural/Urban
- Urban
- Congressional District
- OR-04
Loan Use Breakdown
- Payroll
- $1,511,000
- Rent
- $24,000
- Utilities
- $9,000
- Debt Interest
- $16,000
Lender Information
- Servicing Lender
- Oregon Pacific Banking Company DBA Oregon Pacific Bank
- Originating Lender
- Oregon Pacific Banking Company DBA Oregon Pacific Bank
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