PPP Loan information for Reed supply co., inc

$26,700

Reed supply co., inc was initially approved for PPP Loan of amount $26,700, the current approved amount is $26,700. The loan was approved on 04/06/2020 by The Passumpsic Savings Bank reported 5 jobs and $26,700 was used to fund payroll.

Reed supply co., inc is Existing or more than 2 years old

REED SUPPLY CO., INC

Date Approved

04/06/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

REED SUPPLY CO., INC

Borrower Address

12 PERKINS ST

Borrower City

SAINT JOHNSBURY

Borrower State

VT

Borrower Zip

05819-1910

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26700.00

Current Approval Amount

26700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73045

Servicing Lender Name

Passumpsic Savings Bank

Servicing Lender Address

497 Railroad St

Servicing Lender City

SAINT JOHNSBURY

Servicing Lender State

VT

Servicing Lender Zip

05819-1643

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT JOHNSBURY

Project County Name

CALEDONIA

Project State

VT

Project Zip

05819-1910

CD

VT-

Jobs Reported

5

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1700.00

Payroll Proceed

21432.00

Mortgage Interest Proceed

546.00

Rent Proceed

2372.00

Refinance EIDL Proceed

0.00

Health Care Proceed

460.00

Debt Interest Proceed

190

Business Type

Corporation

Originating Lender Location Id

73045

Originating Lender

Passumpsic Savings Bank

Originating Lender City

SAINT JOHNSBURY

Originating Lender State

VT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26951.64

Forgiveness Date

03/25/2021

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