PPP Loan information for Reda inc dba ihop 4439

$197,166

Reda inc dba ihop 4439 was initially approved for PPP Loan of amount $197,166, the current approved amount is $197,166. The loan was approved on 02/24/2021 by The SouthPoint Bank reported 35 jobs and $197,166 was used to fund payroll.

Reda inc dba ihop 4439 is Existing or more than 2 years old

PPP Loan Search / AL / Pelham / Reda inc dba ihop 4439

REDA INC DBA IHOP 4439

Date Approved

02/24/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

REDA INC DBA IHOP 4439

Borrower Address

2000 Pelham Pkwy Blvd

Borrower City

Pelham

Borrower State

AL

Borrower Zip

35124-2241

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

197166.00

Current Approval Amount

197166.00

Undisbursed Amount

0.00

Franchise Name

IHOP

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

Existing or more than 2 years old

Project City

Pelham

Project County Name

SHELBY

Project State

AL

Project Zip

35124-2241

CD

AL-06

Jobs Reported

35

NAICS Code

722511

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

197160.00

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

198108.02

Forgiveness Date

08/17/2021

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