PPP Loan information for Reed electrical

$51,940

Reed electrical was initially approved for PPP Loan of amount $51,940, the current approved amount is $51,940. The loan was approved on 04/28/2020 by The First Federal Savings & Loan Association of Lakewood reported 6 jobs and $51,940 was used to fund payroll.

Reed electrical is Existing or more than 2 years old

REED ELECTRICAL

Date Approved

04/28/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

REED ELECTRICAL

Borrower Address

2468 Laurel rd

Borrower City

HINCKLEY

Borrower State

OH

Borrower Zip

44233-9513

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51940.00

Current Approval Amount

51940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81934

Servicing Lender Name

First Federal Savings & Loan Association of Lakewood

Servicing Lender Address

14806 Detroit Ave

Servicing Lender City

LAKEWOOD

Servicing Lender State

OH

Servicing Lender Zip

44107-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HINCKLEY

Project County Name

MEDINA

Project State

OH

Project Zip

44233-9513

CD

OH-07

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

51940.00

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

81934

Originating Lender

First Federal Savings & Loan Association of Lakewood

Originating Lender City

LAKEWOOD

Originating Lender State

OH

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

52499.80

Forgiveness Date

06/10/2021

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