PPP Loan information for Reames + son const co inc

$1,509,505

Reames + son const co inc was initially approved for PPP Loan of amount $1,509,505, the current approved amount is $1,509,505. The loan was approved on 04/08/2020 by The The First Bank reported 115 jobs and $1,509,505 was used to fund payroll.

Reames + son const co inc is Existing or more than 2 years old

REAMES + SON CONST CO INC

Date Approved

04/08/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

REAMES + SON CONST CO INC

Borrower Address

1208 CYPRESS ST

Borrower City

VALDOSTA

Borrower State

GA

Borrower Zip

31601-4907

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1509505.00

Current Approval Amount

1509505.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VALDOSTA

Project County Name

LOWNDES

Project State

GA

Project Zip

31601-4907

CD

GA-08

Jobs Reported

115

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

50000.00

Payroll Proceed

1341505.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

100000.00

Debt Interest Proceed

8000

Business Type

Subchapter S 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

1524054.95

Forgiveness Date

03/31/2021

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