# PPP loan: REIG COMPANICS INC
> **$267K** approved 04/27/2020 · Charged Off · Loan `5512757210`
## Borrower
- **Name:** REIG COMPANICS INC
- **Address:** 820 Los Vallecitos Blvd Ste F, San Marcos, CA, 92069
- **NAICS:** 531110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $267K
- **Initial approval:** $267K
- **Status:** Charged Off
- **Term:** 7 months
## Use of funds
- **Payroll:** $267K
- **Jobs reported:** 17
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*