PPP Loan information for Reed and sons construction inc.

$388,813

Reed and sons construction inc. was initially approved for PPP Loan of amount $388,813, the current approved amount is $388,813. The loan was approved on 01/30/2021 by The Old National Bank reported 22 jobs and $388,813 was used to fund payroll.

Reed and sons construction inc. is Existing or more than 2 years old

PPP Loan Search / IN / Bloomington / Reed and sons construction inc.

REED AND SONS CONSTRUCTION INC.

Date Approved

01/30/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

REED AND SONS CONSTRUCTION INC.

Borrower Address

299 W Moorman Rd

Borrower City

Bloomington

Borrower State

IN

Borrower Zip

47403-9422

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

388812.50

Current Approval Amount

388812.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomington

Project County Name

MONROE

Project State

IN

Project Zip

47403-9422

CD

IN-09

Jobs Reported

22

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

388812.50

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

391677.99

Forgiveness Date

11/02/2021

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