PPP Loan information for Reel machine inc

$5,000

Reel machine inc was initially approved for PPP Loan of amount $5,000, the current approved amount is $5,000. The loan was approved on 08/05/2020 by The Community Bank of Mississippi reported 1 jobs and $5,000 was used to fund payroll.

Reel machine inc is Existing or more than 2 years old

REEL MACHINE INC

Date Approved

08/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

REEL MACHINE INC

Borrower Address

13 ANDERSON RD

Borrower City

SARALAND

Borrower State

AL

Borrower Zip

36571-2802

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5000.00

Current Approval Amount

5000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SARALAND

Project County Name

MOBILE

Project State

AL

Project Zip

36571-2802

CD

AL-01

Jobs Reported

1

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

400.00

Payroll Proceed

4600.00

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

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5052.60

Forgiveness Date

08/26/2021

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