PPP Loan information for Reed precision grinding, inc

$29,400

Reed precision grinding, inc was initially approved for PPP Loan of amount $29,400, the current approved amount is $29,400. The loan was approved on 04/28/2020 by The Mid Penn Bank reported 2 jobs and $29,400 was used to fund payroll.

Reed precision grinding, inc is Existing or more than 2 years old

PPP Loan Search / TN / MOUNT JULIET / Reed precision grinding, inc

REED PRECISION GRINDING, INC

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

REED PRECISION GRINDING, INC

Borrower Address

1002 PLEASANT GROVE PL SUITE B

Borrower City

MOUNT JULIET

Borrower State

TN

Borrower Zip

37122-1500

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29400.00

Current Approval Amount

29400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT JULIET

Project County Name

WILSON

Project State

TN

Project Zip

37122-1500

CD

TN-06

Jobs Reported

2

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29400.00

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

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29572.32

Forgiveness Date

12/02/2020

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