PPP Loan information for Reaves development corporation

$93,365

Reaves development corporation was initially approved for PPP Loan of amount $93,365, the current approved amount is $93,365. The loan was approved on 01/30/2021 by The Umpqua Bank reported 3 jobs and $93,365 was used to fund payroll.

Reaves development corporation is Existing or more than 2 years old

REAVES DEVELOPMENT CORPORATION

Date Approved

01/30/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

REAVES DEVELOPMENT CORPORATION

Borrower Address

320 S Forks Ave

Borrower City

Forks

Borrower State

WA

Borrower Zip

98331-9017

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

93365.00

Current Approval Amount

93365.00

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

98331-9017

CD

WA-06

Jobs Reported

3

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

93365.00

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

94027.51

Forgiveness Date

10/26/2021

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