PPP Loan information for Reeder pallet company, inc.

$185,508

Reeder pallet company, inc. was initially approved for PPP Loan of amount $185,508, the current approved amount is $185,508. The loan was approved on 04/14/2020 by The First Horizon Bank reported 21 jobs and $185,508 was used to fund payroll.

Reeder pallet company, inc. is Existing or more than 2 years old

REEDER PALLET COMPANY, INC.

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

REEDER PALLET COMPANY, INC.

Borrower Address

476 REEDER RD

Borrower City

SEAGROVE

Borrower State

NC

Borrower Zip

27341

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185507.50

Current Approval Amount

185507.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEAGROVE

Project County Name

RANDOLPH

Project State

NC

Project Zip

27341-0001

CD

NC-09

Jobs Reported

21

NAICS Code

321920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

185507.50

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

187506.86

Forgiveness Date

05/19/2021

;