PPP Loan information for Reed yacht sales, llc

$87,300

Reed yacht sales, llc was initially approved for PPP Loan of amount $87,300, the current approved amount is $87,300. The loan was approved on 04/09/2020 by The Independent Bank reported 10 jobs and $87,300 was used to fund payroll.

Reed yacht sales, llc is Existing or more than 2 years old

REED YACHT SALES, LLC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

REED YACHT SALES, LLC

Borrower Address

1333 Madison Street Bldg A Unit 62

Borrower City

GRAND HAVEN

Borrower State

MI

Borrower Zip

49417-1165

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87300.00

Current Approval Amount

87300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND HAVEN

Project County Name

OTTAWA

Project State

MI

Project Zip

49417-1165

CD

MI-03

Jobs Reported

10

NAICS Code

441222

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88094.07

Forgiveness Date

03/12/2021

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