PPP Loan information for Reaves development corporation

$66,700

Reaves development corporation was initially approved for PPP Loan of amount $66,700, the current approved amount is $66,700. The loan was approved on 04/29/2020 by The Umpqua Bank reported 18 jobs and $66,700 was used to fund payroll.

Reaves development corporation is Existing or more than 2 years old

REAVES DEVELOPMENT CORPORATION

Date Approved

04/29/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

REAVES DEVELOPMENT CORPORATION

Borrower Address

320 S Forks Ave

Borrower City

FORKS

Borrower State

WA

Borrower Zip

98331-1205

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66700.00

Current Approval Amount

66700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORKS

Project County Name

CLALLAM

Project State

WA

Project Zip

98331-1205

CD

WA-06

Jobs Reported

18

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

66700.00

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

Corporation

Originating Lender Location Id

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

67182.43

Forgiveness Date

01/28/2021

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