PPP Loan information for Tim reed

$20,832

Tim reed was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 04/23/2021 by The Hometown Community Bank reported 1 jobs and $20,832 was used to fund payroll.

Tim reed is Existing or more than 2 years old

TIM REED

Date Approved

04/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

TIM REED

Borrower Address

10583 State Highway 29

Borrower City

Glenwood

Borrower State

MN

Borrower Zip

56334-2116

Loan Status Date

04/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36764

Servicing Lender Name

Hometown Community Bank

Servicing Lender Address

100 E Main St

Servicing Lender City

CYRUS

Servicing Lender State

MN

Servicing Lender Zip

56323-4628

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glenwood

Project County Name

POPE

Project State

MN

Project Zip

56334-2116

CD

MN-07

Jobs Reported

1

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20832.00

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

Sole Proprietorship

Originating Lender Location Id

36764

Originating Lender

Hometown Community Bank

Originating Lender City

CYRUS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20939.87

Forgiveness Date

11/03/2021

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