PPP Loan information for Reds inc.

$15,505

Reds inc. was initially approved for PPP Loan of amount $15,505, the current approved amount is $15,505. The loan was approved on 02/25/2021 by The Sandy Spring Bank reported 6 jobs and $15,505 was used to fund payroll.

Reds inc. is Existing or more than 2 years old

REDS INC.

Date Approved

02/25/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

REDS INC.

Borrower Address

7732 Harford Rd

Borrower City

Parkville

Borrower State

MD

Borrower Zip

21234-6404

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15505.00

Current Approval Amount

15505.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Parkville

Project County Name

BALTIMORE

Project State

MD

Project Zip

21234-6404

CD

MD-02

Jobs Reported

6

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

15499.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

15567.87

Forgiveness Date

09/09/2021

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