PPP Loan information for Reed service company

$300,000

Reed service company was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 04/28/2020 by The Hancock Whitney Bank reported 20 jobs and $300,000 was used to fund payroll.

Reed service company is New Business or 2 years or less

REED SERVICE COMPANY

Date Approved

04/28/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

REED SERVICE COMPANY

Borrower Address

4725 WASHINGTON BLVD

Borrower City

BEAUMONT

Borrower State

TX

Borrower Zip

77707

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BEAUMONT

Project County Name

JEFFERSON

Project State

TX

Project Zip

77707-0001

CD

TX-14

Jobs Reported

20

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

300000.00

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

304191.67

Forgiveness Date

09/15/2021

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