PPP Loan information for Reed logging inc

$58,505

Reed logging inc was initially approved for PPP Loan of amount $58,505, the current approved amount is $58,505. The loan was approved on 04/13/2020 by The The Citizens National Bank of Meridian reported 8 jobs and $58,505 was used to fund payroll.

Reed logging inc is Existing or more than 2 years old

REED LOGGING INC

Date Approved

04/13/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

REED LOGGING INC

Borrower Address

231 REED RD

Borrower City

SCOOBA

Borrower State

MS

Borrower Zip

39358-7562

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58505.00

Current Approval Amount

58505.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39604

Servicing Lender Name

The Citizens National Bank of Meridian

Servicing Lender Address

512 22nd Ave

Servicing Lender City

MERIDIAN

Servicing Lender State

MS

Servicing Lender Zip

39301-5853

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCOOBA

Project County Name

KEMPER

Project State

MS

Project Zip

39358-7562

CD

MS-03

Jobs Reported

8

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11701.00

Payroll Proceed

46804.00

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

39604

Originating Lender

The Citizens National Bank of Meridian

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58981.17

Forgiveness Date

02/03/2021

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