PPP Loan information for Reed's sprayfoam insulation inc.

$217,800

Reed's sprayfoam insulation inc. was initially approved for PPP Loan of amount $218,000, the current approved amount is $217,800. The loan was approved on 04/03/2020 by The Community Trust Bank, Inc. reported 24 jobs and $217,800 was used to fund payroll.

Reed's sprayfoam insulation inc. is Existing or more than 2 years old

REED'S SPRAYFOAM INSULATION INC.

Date Approved

04/03/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

REED'S SPRAYFOAM INSULATION INC.

Borrower Address

15 Coleman Road

Borrower City

BELFRY

Borrower State

KY

Borrower Zip

41514-8663

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

218000.00

Current Approval Amount

217800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27783

Servicing Lender Name

Community Trust Bank, Inc.

Servicing Lender Address

346 N Mayo Trl

Servicing Lender City

PIKEVILLE

Servicing Lender State

KY

Servicing Lender Zip

41501-1847

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELFRY

Project County Name

PIKE

Project State

KY

Project Zip

41514-8663

CD

KY-05

Jobs Reported

24

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

217800.00

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

27783

Originating Lender

Community Trust Bank, Inc.

Originating Lender City

PIKEVILLE

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

219655.78

Forgiveness Date

02/19/2021

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