PPP Loan information for Reed manufacturing company, inc.

$570,442

Reed manufacturing company, inc. was initially approved for PPP Loan of amount $570,442, the current approved amount is $570,442. The loan was approved on 04/07/2020 by The First Business Bank reported 47 jobs and $570,442 was used to fund payroll.

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

PPP Loan Search / MS / TUPELO / Reed manufacturing company, inc.

REED MANUFACTURING COMPANY, INC.

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

REED MANUFACTURING COMPANY, INC.

Borrower Address

1321 S Veterans Blvd P.O. Box 650

Borrower City

TUPELO

Borrower State

MS

Borrower Zip

38802

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

570442.00

Current Approval Amount

570442.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76065

Servicing Lender Name

First Business Bank

Servicing Lender Address

401 Charmany Dr

Servicing Lender City

MADISON

Servicing Lender State

WI

Servicing Lender Zip

53719-1272

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TUPELO

Project County Name

LEE

Project State

MS

Project Zip

38802-0001

CD

MS-01

Jobs Reported

47

NAICS Code

315220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

570442.00

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

Corporation

Originating Lender Location Id

76065

Originating Lender

First Business Bank

Originating Lender City

MADISON

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

577240.42

Forgiveness Date

07/06/2021

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