PPP Loan information for Reeds jewelers, inc.

$1,018,000

Reeds jewelers, inc. was initially approved for PPP Loan of amount $1,018,000, the current approved amount is $1,018,000. The loan was approved on 04/13/2020 by The Truist Bank reported 257 jobs and $1,018,000 was used to fund payroll.

Reeds jewelers, inc. is Existing or more than 2 years old

PPP Loan Search / NC / WILMINGTON / Reeds jewelers, inc.

REEDS JEWELERS, INC.

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

REEDS JEWELERS, INC.

Borrower Address

2525 S 17TH ST

Borrower City

WILMINGTON

Borrower State

NC

Borrower Zip

28401-7705

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1018000.00

Current Approval Amount

1018000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28401-7705

CD

NC-07

Jobs Reported

257

NAICS Code

448310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1018000.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1028915.22

Forgiveness Date

05/24/2021

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