PPP Loan information for Billy reid, inc.

$1,171,869

Billy reid, inc. was initially approved for PPP Loan of amount $1,171,869, the current approved amount is $1,171,869. The loan was approved on 04/06/2020 by The First Horizon Bank reported 119 jobs and $1,171,869 was used to fund payroll.

Billy reid, inc. is Existing or more than 2 years old

BILLY REID, INC.

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BILLY REID, INC.

Borrower Address

114 N. Court Street

Borrower City

FLORENCE

Borrower State

AL

Borrower Zip

35630-4766

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1171868.98

Current Approval Amount

1171868.98

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FLORENCE

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35630-4766

CD

AL-05

Jobs Reported

119

NAICS Code

448150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

34868.98

Payroll Proceed

925000.00

Mortgage Interest Proceed

12000.00

Rent Proceed

200000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1182513.46

Forgiveness Date

03/11/2021

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