PPP Loan information for Frank l. reed inc.

$125,000

Frank l. reed inc. was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 01/21/2021 by The Florence Bank reported 6 jobs and $125,000 was used to fund payroll.

Frank l. reed inc. is Existing or more than 2 years old

PPP Loan Search / MA / Wilbraham / Frank l. reed inc.

FRANK L. REED INC.

Date Approved

01/21/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

FRANK L. REED INC.

Borrower Address

2443 Boston Rd

Borrower City

Wilbraham

Borrower State

MA

Borrower Zip

01095-1105

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33183

Servicing Lender Name

Florence Bank

Servicing Lender Address

85 Main St

Servicing Lender City

FLORENCE

Servicing Lender State

MA

Servicing Lender Zip

01062-1400

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilbraham

Project County Name

HAMPDEN

Project State

MA

Project Zip

01095-1105

CD

MA-01

Jobs Reported

6

NAICS Code

331222

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

124996.00

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

Subchapter S Corporation

Originating Lender Location Id

33183

Originating Lender

Florence Bank

Originating Lender City

FLORENCE

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

125702.05

Forgiveness Date

08/23/2021

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