PPP Loan information for Reed construction inc

$75,000

Reed construction inc was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 01/22/2021 by The Atlantic Union Bank reported 12 jobs and $75,000 was used to fund payroll.

Reed construction inc is Existing or more than 2 years old

REED CONSTRUCTION INC

Date Approved

01/22/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

REED CONSTRUCTION INC

Borrower Address

2694 FLOYD HWY SOUTH 2694 FLOYD HWY SOUTH

Borrower City

FLOYD

Borrower State

VA

Borrower Zip

24091

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLOYD

Project County Name

FLOYD

Project State

VA

Project Zip

24091

CD

VA-05

Jobs Reported

12

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75000.00

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

Subchapter S Corporation

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

75289.58

Forgiveness Date

06/15/2021

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