PPP Loan information for Reed construction company, llc

$246,800

Reed construction company, llc was initially approved for PPP Loan of amount $246,800, the current approved amount is $246,800. The loan was approved on 04/08/2020 by The The First Bank reported 13 jobs and $246,800 was used to fund payroll.

Reed construction company, llc is Existing or more than 2 years old

PPP Loan Search / AL / BAY MINETTE / Reed construction company, llc

REED CONSTRUCTION COMPANY, LLC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

REED CONSTRUCTION COMPANY, LLC

Borrower Address

114 HOYLE AVE

Borrower City

BAY MINETTE

Borrower State

AL

Borrower Zip

36507-4828

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

246800.00

Current Approval Amount

246800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAY MINETTE

Project County Name

BALDWIN

Project State

AL

Project Zip

36507-4828

CD

AL-01

Jobs Reported

13

NAICS Code

236115

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1199.00

Payroll Proceed

235229.00

Mortgage Interest Proceed

0.00

Rent Proceed

4150.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6222.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

249014.34

Forgiveness Date

03/08/2021

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