Reel Power Industrial Inc.

$1,759,949 PPP Loan in Oklahoma City, Oklahoma

Loan Details

Loan Number
9203987007
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,759,949
Current Approval
$1,250,000
Forgiveness Amount
$1,260,993
Forgiveness Date
Mar 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reel Power Industrial Inc.
Address
5101 S Council Rd
ZIP Code
73179-4829
Business Type
Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
124
Estimated Revenue
$32.5M
Rural/Urban
Urban
Congressional District
OK-03

Loan Use Breakdown

Payroll
$1,250,000

Lender Information

Servicing Lender
Cibc Bank USA
Originating Lender
Cibc Bank USA

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