PPP Loan information for Reed electric field service

$259,538

Reed electric field service was initially approved for PPP Loan of amount $259,538, the current approved amount is $259,538. The loan was approved on 04/15/2020 by The Loan Source Incorporated reported 19 jobs and $259,538 was used to fund payroll.

Reed electric field service is Existing or more than 2 years old

REED ELECTRIC FIELD SERVICE

Date Approved

04/15/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

REED ELECTRIC FIELD SERVICE

Borrower Address

5375 LOUIE LANE

Borrower City

RENO

Borrower State

NV

Borrower Zip

89511

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

259538.00

Current Approval Amount

259538.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RENO

Project County Name

WASHOE

Project State

NV

Project Zip

89511-1810

CD

NV-02

Jobs Reported

19

NAICS Code

423610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

34538.00

Payroll Proceed

225000.00

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

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

261799.18

Forgiveness Date

03/05/2021

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