PPP Loan information for Reed trucking company

$928,955

Reed trucking company was initially approved for PPP Loan of amount $928,955, the current approved amount is $928,955. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 55 jobs and $928,955 was used to fund payroll.

Reed trucking company is Existing or more than 2 years old

REED TRUCKING COMPANY

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

REED TRUCKING COMPANY

Borrower Address

522 Chestnut Street

Borrower City

Milton

Borrower State

DE

Borrower Zip

19968

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

928955.00

Current Approval Amount

928955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Milton

Project County Name

SUSSEX

Project State

DE

Project Zip

19968-0001

CD

DE-

Jobs Reported

55

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

799788.00

Mortgage Interest Proceed

0.00

Rent Proceed

27000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

99167.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

924896.74

Forgiveness Date

12/15/2020

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