PPP Loan information for Reed machinery inc

$274,072

Reed machinery inc was initially approved for PPP Loan of amount $274,072, the current approved amount is $274,072. The loan was approved on 02/23/2021 by The TD Bank, National Association reported 15 jobs and $274,072 was used to fund payroll.

Reed machinery inc is Existing or more than 2 years old

REED MACHINERY INC

Date Approved

02/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

REED MACHINERY INC

Borrower Address

10A New Bond St Reed Machinery Inc

Borrower City

Worcester

Borrower State

MA

Borrower Zip

01606-2615

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

274072.00

Current Approval Amount

274072.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Worcester

Project County Name

WORCESTER

Project State

MA

Project Zip

01606-2615

CD

MA-02

Jobs Reported

15

NAICS Code

333517

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

274072.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

275495.65

Forgiveness Date

09/01/2021

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