Date Approved
01/27/2021
SBA Office Code
0563
Processing Method
PPS
Borrower Name
REED SWITCH DEVELPMENTS CORP.
Borrower Address
2524 Norwood Ct
Borrower City
Racine
Borrower State
WI
Borrower Zip
53403-3870
Loan Status Date
01/13/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
141420.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
77025
Servicing Lender Name
Johnson Bank
Servicing Lender Address
555 Main St
Servicing Lender City
RACINE
Servicing Lender State
Servicing Lender Zip
53403-1032
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
WI-01
Jobs Reported
15
NAICS Code
335931
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
141416.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Unanswered
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
142586.23
Forgiveness Date
12/01/2021