PPP Loan information for Shelby reid inc

$322,229

Shelby reid inc was initially approved for PPP Loan of amount $27,500, the current approved amount is $322,229. The loan was approved on 04/14/2020 by The Truist Bank reported 32 jobs and $322,229 was used to fund payroll.

Shelby reid inc is Existing or more than 2 years old

SHELBY REID INC

Date Approved

04/14/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

SHELBY REID INC

Borrower Address

104 W 5th Street

Borrower City

BENTON

Borrower State

KY

Borrower Zip

42025-1149

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27500.00

Current Approval Amount

322229.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BENTON

Project County Name

MARSHALL

Project State

KY

Project Zip

42025-1149

CD

KY-01

Jobs Reported

32

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

322229.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

325496.04

Forgiveness Date

04/22/2021

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