PPP Loan information for Reed restaurant group

$57,054

Reed restaurant group was initially approved for PPP Loan of amount $57,054, the current approved amount is $57,054. The loan was approved on 03/02/2021 by The Truist Bank reported 8 jobs and $57,054 was used to fund payroll.

Reed restaurant group is Existing or more than 2 years old

PPP Loan Search / NC / Matthews / Reed restaurant group

REED RESTAURANT GROUP

Date Approved

03/02/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

REED RESTAURANT GROUP

Borrower Address

165 N Trade St

Borrower City

Matthews

Borrower State

NC

Borrower Zip

28105-1712

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

57053.50

Current Approval Amount

57053.50

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

N

Business Age Description

Existing or more than 2 years old

Project City

Matthews

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28105-1712

CD

NC-14

Jobs Reported

8

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

57051.50

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57422.76

Forgiveness Date

10/25/2021

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