PPP Loan information for Reed oil company inc

$1,367,000

Reed oil company inc was initially approved for PPP Loan of amount $1,367,000, the current approved amount is $1,367,000. The loan was approved on 03/20/2021 by The KeyBank National Association reported 114 jobs and $1,367,000 was used to fund payroll.

Reed oil company inc is Existing or more than 2 years old

PPP Loan Search / PA / New Castle / Reed oil company inc

REED OIL COMPANY INC

Date Approved

03/20/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

REED OIL COMPANY INC

Borrower Address

511 Montgomery Ave

Borrower City

New Castle

Borrower State

PA

Borrower Zip

16102-1111

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1367000.00

Current Approval Amount

1367000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Castle

Project County Name

LAWRENCE

Project State

PA

Project Zip

16102-1111

CD

PA-16

Jobs Reported

114

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1367000.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1381044.52

Forgiveness Date

04/25/2022

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