PPP Loan information for Reed manufacturing company inc.

$593,720

Reed manufacturing company inc. was initially approved for PPP Loan of amount $593,720, the current approved amount is $593,720. The loan was approved on 02/05/2021 by The First Business Bank reported 46 jobs and $593,720 was used to fund payroll.

Reed manufacturing company inc. is Existing or more than 2 years old

PPP Loan Search / MS / Tupelo / Reed manufacturing company inc.

REED MANUFACTURING COMPANY INC.

Date Approved

02/05/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

REED MANUFACTURING COMPANY INC.

Borrower Address

1321 S Veterans Memorial Blvd

Borrower City

Tupelo

Borrower State

MS

Borrower Zip

38804-5813

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

593720.00

Current Approval Amount

593720.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76065

Servicing Lender Name

First Business Bank

Servicing Lender Address

401 Charmany Dr

Servicing Lender City

MADISON

Servicing Lender State

WI

Servicing Lender Zip

53719-1272

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Tupelo

Project County Name

LEE

Project State

MS

Project Zip

38804-5813

CD

MS-01

Jobs Reported

46

NAICS Code

315220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

593720.00

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

76065

Originating Lender

First Business Bank

Originating Lender City

MADISON

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

595850.89

Forgiveness Date

06/23/2021

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