PPP Loan information for James reed

$16,400

James reed was initially approved for PPP Loan of amount $16,400, the current approved amount is $16,400. The loan was approved on 02/05/2021 by The Summit Community Bank, Inc. reported 1 jobs and $16,400 was used to fund payroll.

James reed is Existing or more than 2 years old

JAMES REED

Date Approved

02/05/2021

SBA Office Code

0390

Processing Method

PPP

Borrower Name

JAMES REED

Borrower Address

528 TOWERING OAKS FARM LANE

Borrower City

MOUNT STORM

Borrower State

WV

Borrower Zip

26739

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16400.00

Current Approval Amount

16400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT STORM

Project County Name

GRANT

Project State

WV

Project Zip

26739

CD

WV-01

Jobs Reported

1

NAICS Code

112111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

16398.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Self-Employed Individuals

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16583.59

Forgiveness Date

03/21/2022

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