PPP Loan information for Reed brothers, inc.

$14,800

Reed brothers, inc. was initially approved for PPP Loan of amount $14,800, the current approved amount is $14,800. The loan was approved on 04/13/2020 by The Magnifi Financial CU reported 3 jobs and $14,800 was used to fund payroll.

Reed brothers, inc. is Existing or more than 2 years old

PPP Loan Search / MN / NEW LONDON / Reed brothers, inc.

REED BROTHERS, INC.

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

REED BROTHERS, INC.

Borrower Address

23629 COUNTY ROAD 5 NW

Borrower City

NEW LONDON

Borrower State

MN

Borrower Zip

56273-9626

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14800.00

Current Approval Amount

14800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW LONDON

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56273-9626

CD

MN-07

Jobs Reported

3

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14800.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

14986.12

Forgiveness Date

07/26/2021

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