PPP Loan information for Herbert reid home inc

$124,075

Herbert reid home inc was initially approved for PPP Loan of amount $124,075, the current approved amount is $124,075. The loan was approved on 05/07/2020 by The Truist Bank reported 42 jobs and $124,075 was used to fund payroll.

Herbert reid home inc is Existing or more than 2 years old

HERBERT REID HOME INC

Date Approved

05/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

HERBERT REID HOME INC

Borrower Address

812 STARFIELD CT

Borrower City

FUQUAY VARINA

Borrower State

NC

Borrower Zip

27526-2537

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124075.00

Current Approval Amount

124075.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FUQUAY VARINA

Project County Name

WAKE

Project State

NC

Project Zip

27526-2537

CD

NC-13

Jobs Reported

42

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

124075.00

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

125794.82

Forgiveness Date

09/27/2021

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