PPP Loan information for Reed's tire & automotive, llc

$38,193

Reed's tire & automotive, llc was initially approved for PPP Loan of amount $38,193, the current approved amount is $38,193. The loan was approved on 04/05/2020 by The The First National Bank of Russell Springs reported 5 jobs and $38,193 was used to fund payroll.

Reed's tire & automotive, llc is Existing or more than 2 years old

PPP Loan Search / KY / SOMERSET / Reed's tire & automotive, llc

REED'S TIRE & AUTOMOTIVE, LLC

Date Approved

04/05/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

REED'S TIRE & AUTOMOTIVE, LLC

Borrower Address

75 KIT COWAN RD

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42501-3189

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38193.00

Current Approval Amount

38193.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27874

Servicing Lender Name

The First National Bank of Russell Springs

Servicing Lender Address

36 W Steve Wariner Dr

Servicing Lender City

RUSSELL SPRINGS

Servicing Lender State

KY

Servicing Lender Zip

42642

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

PULASKI

Project State

KY

Project Zip

42501-3189

CD

KY-05

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

28644.75

Mortgage Interest Proceed

3090.38

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6457.87

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

27874

Originating Lender

The First National Bank of Russell Springs

Originating Lender City

RUSSELL SPRINGS

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38476.26

Forgiveness Date

01/07/2021

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