PPP Loan information for Reed real estate & construction inc.

$121,278

Reed real estate & construction inc. was initially approved for PPP Loan of amount $121,278, the current approved amount is $121,278. The loan was approved on 04/02/2021 by The First Cahawba Bank reported 13 jobs and $121,278 was used to fund payroll.

Reed real estate & construction inc. is Existing or more than 2 years old

REED REAL ESTATE & CONSTRUCTION INC.

Date Approved

04/02/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

REED REAL ESTATE & CONSTRUCTION INC.

Borrower Address

3358 State Highway 180

Borrower City

Gulf Shores

Borrower State

AL

Borrower Zip

36542-7841

Loan Status Date

03/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

121278.17

Current Approval Amount

121278.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

450245

Servicing Lender Name

First Cahawba Bank

Servicing Lender Address

2610 Citizens Pkwy

Servicing Lender City

SELMA

Servicing Lender State

AL

Servicing Lender Zip

36701-4037

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gulf Shores

Project County Name

BALDWIN

Project State

AL

Project Zip

36542-7841

CD

AL-01

Jobs Reported

13

NAICS Code

531390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

121278.17

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

Limited Liability Company(LLC)

Originating Lender Location Id

450245

Originating Lender

First Cahawba Bank

Originating Lender City

SELMA

Originating Lender State

AL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

122177.48

Forgiveness Date

01/03/2022

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