PPP Loan information for Reds, inc

$6,000

Reds, inc was initially approved for PPP Loan of amount $6,000, the current approved amount is $6,000. The loan was approved on 04/16/2020 by The Sandy Spring Bank reported 6 jobs and $6,000 was used to fund payroll.

Reds, inc is New Business or 2 years or less

REDS, INC

Date Approved

04/16/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

REDS, INC

Borrower Address

7732 Harford Road

Borrower City

PARKVILLE

Borrower State

MD

Borrower Zip

21234

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6000.00

Current Approval Amount

6000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PARKVILLE

Project County Name

BALTIMORE

Project State

MD

Project Zip

21234-0201

CD

MD-02

Jobs Reported

6

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

4500.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

6058.85

Forgiveness Date

04/15/2021

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