PPP Loan information for Reed oil company inc.

$51,400

Reed oil company inc. was initially approved for PPP Loan of amount $51,400, the current approved amount is $51,400. The loan was approved on 04/06/2020 by The Southern Bank reported 10 jobs and $51,400 was used to fund payroll.

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

REED OIL COMPANY INC.

Date Approved

04/06/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

REED OIL COMPANY INC.

Borrower Address

106 WASHINGTON ST

Borrower City

DONIPHAN

Borrower State

MO

Borrower Zip

63935-1639

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51400.00

Current Approval Amount

51400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79133

Servicing Lender Name

Southern Bank

Servicing Lender Address

2991 Oak Grove Rd

Servicing Lender City

POPLAR BLUFF

Servicing Lender State

MO

Servicing Lender Zip

63901-8937

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DONIPHAN

Project County Name

RIPLEY

Project State

MO

Project Zip

63935-1639

CD

MO-08

Jobs Reported

10

NAICS Code

211130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7850.00

Payroll Proceed

38550.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

79133

Originating Lender

Southern Bank

Originating Lender City

POPLAR BLUFF

Originating Lender State

MO

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52031.08

Forgiveness Date

06/30/2021

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