# PPP loan: REA & ASSOCIATES, INC.
> **$5.58M** approved 04/07/2020 · Paid in Full · Loan `7509067006`
## Borrower
- **Name:** REA & ASSOCIATES, INC.
- **Address:** 419 West High Avenue, NEW PHILADELPHIA, OH, 44663-3621
- **NAICS:** 541211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.58M
- **Initial approval:** $5.58M
- **Forgiven:** $5.65M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.58M
- **Jobs reported:** 365
## Lender
- **Originating:** First Federal Savings & Loan Association of Lakewood
- **Servicing:** First Federal Savings & Loan Association of Lakewood (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*