PPP Loan information for Reed farms

$37,000

Reed farms was initially approved for PPP Loan of amount $37,000, the current approved amount is $37,000. The loan was approved on 04/29/2020 by The Southern Bancorp Bank reported 5 jobs and $37,000 was used to fund payroll.

Reed farms is Existing or more than 2 years old

PPP Loan Search / MS / INVERNESS / Reed farms

REED FARMS

Date Approved

04/29/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

REED FARMS

Borrower Address

600 LAMAR AVE

Borrower City

INVERNESS

Borrower State

MS

Borrower Zip

38753-9743

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37000.00

Current Approval Amount

37000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INVERNESS

Project County Name

SUNFLOWER

Project State

MS

Project Zip

38753-9743

CD

MS-02

Jobs Reported

5

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3700.00

Payroll Proceed

27750.00

Mortgage Interest Proceed

0.00

Rent Proceed

5550.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37263.56

Forgiveness Date

01/20/2021

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