PPP Loan information for Reed's equipment, inc.

$51,650

Reed's equipment, inc. was initially approved for PPP Loan of amount $51,650, the current approved amount is $51,650. The loan was approved on 04/08/2020 by The National Bank of Middlebury reported 6 jobs and $51,650 was used to fund payroll.

Reed's equipment, inc. is Existing or more than 2 years old

PPP Loan Search / VT / VERGENNES / Reed's equipment, inc.

REED'S EQUIPMENT, INC.

Date Approved

04/08/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

REED'S EQUIPMENT, INC.

Borrower Address

4373 VT ROUTE 17

Borrower City

VERGENNES

Borrower State

VT

Borrower Zip

05491-9229

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51650.00

Current Approval Amount

51650.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72992

Servicing Lender Name

National Bank of Middlebury

Servicing Lender Address

30 Main St

Servicing Lender City

MIDDLEBURY

Servicing Lender State

VT

Servicing Lender Zip

05753-1416

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VERGENNES

Project County Name

ADDISON

Project State

VT

Project Zip

05491-9229

CD

VT-

Jobs Reported

6

NAICS Code

115210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

51650.00

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

72992

Originating Lender

National Bank of Middlebury

Originating Lender City

MIDDLEBURY

Originating Lender State

VT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

52026.41

Forgiveness Date

01/07/2021

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