PPP Loan information for Reed farms inc

$5,000

Reed farms inc was initially approved for PPP Loan of amount $5,000, the current approved amount is $5,000. The loan was approved on 05/07/2020 by The Southern Bancorp Bank reported 3 jobs and $5,000 was used to fund payroll.

Reed farms inc is Unanswered

REED FARMS INC

Date Approved

05/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

REED FARMS INC

Borrower Address

63 OAKRIDGE RD

Borrower City

BOYLE

Borrower State

MS

Borrower Zip

38730-9616

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5000.00

Current Approval Amount

5000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Unanswered

Project City

BOYLE

Project County Name

BOLIVAR

Project State

MS

Project Zip

38730-9616

CD

MS-02

Jobs Reported

3

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

500.00

Payroll Proceed

3750.00

Mortgage Interest Proceed

0.00

Rent Proceed

750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5062.88

Forgiveness Date

08/11/2021

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