PPP Loan information for Reeds a/c heat & elec inc

$22,902

Reeds a/c heat & elec inc was initially approved for PPP Loan of amount $22,902, the current approved amount is $22,902. The loan was approved on 04/13/2020 by The The Cottonport Bank reported 3 jobs and $22,902 was used to fund payroll.

Reeds a/c heat & elec inc is Existing or more than 2 years old

REEDS A/C HEAT & ELEC INC

Date Approved

04/13/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

REEDS A/C HEAT & ELEC INC

Borrower Address

203 HULCO DR

Borrower City

SCOTT

Borrower State

LA

Borrower Zip

70583-8906

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22902.00

Current Approval Amount

22902.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28177

Servicing Lender Name

The Cottonport Bank

Servicing Lender Address

153 Cottonport Ave

Servicing Lender City

COTTONPORT

Servicing Lender State

LA

Servicing Lender Zip

71327-3701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCOTT

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70583-8906

CD

LA-03

Jobs Reported

3

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1145.10

Payroll Proceed

17176.50

Mortgage Interest Proceed

0.00

Rent Proceed

4580.40

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

28177

Originating Lender

The Cottonport Bank

Originating Lender City

COTTONPORT

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

23130.39

Forgiveness Date

04/22/2021

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