Date Approved
03/02/2021
SBA Office Code
0341
Processing Method
PPS
Borrower Name
REID VENTURE LLC
Borrower Address
111 Newark Shopping Ctr
Borrower City
Newark
Borrower State
DE
Borrower Zip
19711-7302
Loan Status Date
10/21/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
65150.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
SportClips
Servicing Lender Location Id
4679
Servicing Lender Name
Simmons Bank
Servicing Lender Address
501 Main St
Servicing Lender City
PINE BLUFF
Servicing Lender State
AR
Servicing Lender Zip
71601-4327
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NEW CASTLE
Project State
Project Zip
CD
DE-
Jobs Reported
9
NAICS Code
812112
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
65145.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
65478.43
Forgiveness Date
09/09/2021