PPP Loan information for Karl reeds

$21,800

Karl reeds was initially approved for PPP Loan of amount $21,800, the current approved amount is $21,800. The loan was approved on 06/30/2020 by The The Shelby State Bank reported 7 jobs and $21,800 was used to fund payroll.

Karl reeds is Existing or more than 2 years old

KARL REEDS

Date Approved

06/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KARL REEDS

Borrower Address

110 N Main St

Borrower City

Scottville

Borrower State

MI

Borrower Zip

49454-1043

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21800.00

Current Approval Amount

21800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35312

Servicing Lender Name

The Shelby State Bank

Servicing Lender Address

242 N Michigan Ave

Servicing Lender City

SHELBY

Servicing Lender State

MI

Servicing Lender Zip

49455-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Scottville

Project County Name

MASON

Project State

MI

Project Zip

49454-1043

CD

MI-02

Jobs Reported

7

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

21800.00

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

Sole Proprietorship

Originating Lender Location Id

35312

Originating Lender

The Shelby State Bank

Originating Lender City

SHELBY

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

22026.36

Forgiveness Date

07/22/2021

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