PPP Loan information for Read drugs inc.

$78,706

Read drugs inc. was initially approved for PPP Loan of amount $78,706, the current approved amount is $78,706. The loan was approved on 04/07/2020 by The The First Bank reported 7 jobs and $78,706 was used to fund payroll.

Read drugs inc. is Existing or more than 2 years old

READ DRUGS INC.

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

READ DRUGS INC.

Borrower Address

1592 HIGHWAY 15 NORTH

Borrower City

LAUREL

Borrower State

MS

Borrower Zip

39440-2122

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78706.30

Current Approval Amount

78706.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAUREL

Project County Name

JONES

Project State

MS

Project Zip

39440-2122

CD

MS-04

Jobs Reported

7

NAICS Code

446110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1200.00

Payroll Proceed

74306.30

Mortgage Interest Proceed

0.00

Rent Proceed

3200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79392.79

Forgiveness Date

02/25/2021

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