PPP Loan information for Reed inc

$395,900

Reed inc was initially approved for PPP Loan of amount $395,900, the current approved amount is $395,900. The loan was approved on 04/15/2020 by The Hancock Whitney Bank reported 23 jobs and $395,900 was used to fund payroll.

Reed inc is Existing or more than 2 years old

REED INC

Date Approved

04/15/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

REED INC

Borrower Address

1706 AYMOND ST

Borrower City

EUNICE

Borrower State

LA

Borrower Zip

70535-6822

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

395900.00

Current Approval Amount

395900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EUNICE

Project County Name

SAINT LANDRY

Project State

LA

Project Zip

70535-6822

CD

LA-03

Jobs Reported

23

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

395900.00

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

398033.46

Forgiveness Date

11/03/2020

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