# PPP loan: R.L. REIMERS CO.
> **$523K** approved 04/15/2020 · Paid in Full · Loan `8987447110`
## Borrower
- **Name:** R.L. REIMERS CO.
- **Address:** 3939 Old Salem Road #200, ALBANY, OR, 97321-4886
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $523K
- **Initial approval:** $523K
- **Forgiven:** $526K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $523K
- **Jobs reported:** 30
## Lender
- **Originating:** Citizens Bank
- **Servicing:** Citizens Bank (OR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*