PPP Loan information for James reed

$26,250

James reed was initially approved for PPP Loan of amount $26,250, the current approved amount is $26,250. The loan was approved on 02/25/2021 by The Bank of Lincoln County reported 2 jobs and $26,250 was used to fund payroll.

James reed is Existing or more than 2 years old

JAMES REED

Date Approved

02/25/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

JAMES REED

Borrower Address

1240 Old Railroad Bed Rd

Borrower City

Taft

Borrower State

TN

Borrower Zip

38488-5256

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26250.00

Current Approval Amount

26250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

263677

Servicing Lender Name

Bank of Lincoln County

Servicing Lender Address

307 E College St

Servicing Lender City

FAYETTEVILLE

Servicing Lender State

TN

Servicing Lender Zip

37334-3005

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Taft

Project County Name

LINCOLN

Project State

TN

Project Zip

38488-5256

CD

TN-04

Jobs Reported

2

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

26247.00

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

Sole Proprietorship

Originating Lender Location Id

263677

Originating Lender

Bank of Lincoln County

Originating Lender City

FAYETTEVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

26326.56

Forgiveness Date

06/15/2021

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