PPP Loan information for Reda inc

$181,440

Reda inc was initially approved for PPP Loan of amount $181,440, the current approved amount is $181,440. The loan was approved on 04/27/2020 by The SouthPoint Bank reported 45 jobs and $181,440 was used to fund payroll.

Reda inc is Unanswered

REDA INC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

REDA INC

Borrower Address

2000 Pelham Parkway

Borrower City

PELHAM

Borrower State

AL

Borrower Zip

35124-1177

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

181440.00

Current Approval Amount

181440.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437056

Servicing Lender Name

SouthPoint Bank

Servicing Lender Address

3501 Grandview Pkwy

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35243-1930

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

PELHAM

Project County Name

SHELBY

Project State

AL

Project Zip

35124-1177

CD

AL-06

Jobs Reported

45

NAICS Code

722511

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

181440.00

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

437056

Originating Lender

SouthPoint Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

182921.76

Forgiveness Date

03/02/2021

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