PPP Loan information for Reed inc

$454,235

Reed inc was initially approved for PPP Loan of amount $454,235, the current approved amount is $454,235. The loan was approved on 02/03/2021 by The Hancock Whitney Bank reported 24 jobs and $454,235 was used to fund payroll.

Reed inc is Existing or more than 2 years old

REED INC

Date Approved

02/03/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

REED INC

Borrower Address

1706 Aymond St

Borrower City

Eunice

Borrower State

LA

Borrower Zip

70535-6822

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

454235.00

Current Approval Amount

454235.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eunice

Project County Name

SAINT LANDRY

Project State

LA

Project Zip

70535-6822

CD

LA-03

Jobs Reported

24

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

454230.00

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

457073.97

Forgiveness Date

09/20/2021

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