PPP Loan information for Reed cycle inc

$80,000

Reed cycle inc was initially approved for PPP Loan of amount $80,000, the current approved amount is $80,000. The loan was approved on 04/08/2020 by The Idaho First Bank reported 11 jobs and $80,000 was used to fund payroll.

Reed cycle inc is Existing or more than 2 years old

PPP Loan Search / ID / EAGLE / Reed cycle inc

REED CYCLE INC

Date Approved

04/08/2020

SBA Office Code

1087

Processing Method

PPP

Borrower Name

REED CYCLE INC

Borrower Address

238 STATE ST

Borrower City

EAGLE

Borrower State

ID

Borrower Zip

83616-5931

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80000.00

Current Approval Amount

80000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

436276

Servicing Lender Name

Idaho First Bank

Servicing Lender Address

475 E Deinhard Ln

Servicing Lender City

MCCALL

Servicing Lender State

ID

Servicing Lender Zip

83638-4800

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAGLE

Project County Name

ADA

Project State

ID

Project Zip

83616-5931

CD

ID-01

Jobs Reported

11

NAICS Code

451110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

80000.00

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

Corporation

Originating Lender Location Id

436276

Originating Lender

Idaho First Bank

Originating Lender City

MCCALL

Originating Lender State

ID

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80412.05

Forgiveness Date

10/22/2020

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