PPP Loan information for Michael reed

$20,833

Michael reed was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 01/30/2021 by The Penn Community Bank reported 1 jobs and $20,833 was used to fund payroll.

Michael reed is Existing or more than 2 years old

MICHAEL REED

Date Approved

01/30/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

MICHAEL REED

Borrower Address

1009 Old Bethlehem Rd

Borrower City

Perkasie

Borrower State

PA

Borrower Zip

18944-3817

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.33

Current Approval Amount

20833.33

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87093

Servicing Lender Name

Penn Community Bank

Servicing Lender Address

3969 Durham Rd

Servicing Lender City

DOYLESTOWN

Servicing Lender State

PA

Servicing Lender Zip

18902-1326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Perkasie

Project County Name

BUCKS

Project State

PA

Project Zip

18944-3817

CD

PA-01

Jobs Reported

1

NAICS Code

238350

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20833.33

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

87093

Originating Lender

Penn Community Bank

Originating Lender City

DOYLESTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20963.54

Forgiveness Date

09/15/2021

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