# PPP loan: REYNOLDS ENGINEERING & EQUIPMENT INC.
> **$202K** approved 03/18/2021 · Paid in Full · Loan `4721118607`
## Borrower
- **Name:** REYNOLDS ENGINEERING & EQUIPMENT INC.
- **Address:** 1602 Musser St, Muscatine, IA, 52761-1694
- **NAICS:** 333249
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $202K
- **Initial approval:** $202K
- **Forgiven:** $204K (101%)
- **Forgiveness date:** 12/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $202K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Community Bank and Trust Company
- **Servicing:** Community Bank and Trust Company (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*