PPP Loan information for Reeds auto repair llc

$50,276

Reeds auto repair llc was initially approved for PPP Loan of amount $50,276, the current approved amount is $50,276. The loan was approved on 04/28/2020 by The Fulton Bank, National Association reported 4 jobs and $50,276 was used to fund payroll.

Reeds auto repair llc is Existing or more than 2 years old

REEDS AUTO REPAIR LLC

Date Approved

04/28/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

REEDS AUTO REPAIR LLC

Borrower Address

20578 SUSSEX HIGHWAY

Borrower City

Seaford

Borrower State

DE

Borrower Zip

19973

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50275.87

Current Approval Amount

50275.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Seaford

Project County Name

SUSSEX

Project State

DE

Project Zip

19973-0001

CD

DE-

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6284.48

Payroll Proceed

37706.90

Mortgage Interest Proceed

0.00

Rent Proceed

6284.49

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50657.13

Forgiveness Date

01/28/2021

;