PPP Loan information for Reed insurance, inc.

$24,506

Reed insurance, inc. was initially approved for PPP Loan of amount $24,506, the current approved amount is $24,506. The loan was approved on 06/08/2020 by The Community State Bank reported 3 jobs and $24,506 was used to fund payroll.

Reed insurance, inc. is Existing or more than 2 years old

REED INSURANCE, INC.

Date Approved

06/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

REED INSURANCE, INC.

Borrower Address

115 W 2ND ST N

Borrower City

NEWTON

Borrower State

IA

Borrower Zip

50208-3251

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24506.35

Current Approval Amount

24506.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24553

Servicing Lender Name

Community State Bank

Servicing Lender Address

817 N Ankeny Blvd

Servicing Lender City

ANKENY

Servicing Lender State

IA

Servicing Lender Zip

50023-1768

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

JASPER

Project State

IA

Project Zip

50208-3251

CD

IA-01

Jobs Reported

3

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24506.35

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

24553

Originating Lender

Community State Bank

Originating Lender City

ANKENY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

24648.62

Forgiveness Date

01/07/2021

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