# PPP loan: REICHEL INSULATION LLC
> **$180K** approved 04/05/2020 · Paid in Full · Loan `5122737002`
## Borrower
- **Name:** REICHEL INSULATION LLC
- **Address:** 54040 LOREN DRIVE, MANKATO, MN, 56001-6257
- **NAICS:** 236115
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Jobs reported:** 21
## Lender
- **Originating:** BankVista
- **Servicing:** BankVista (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*