PPP Loan information for Reel south inc.

$326,900

Reel south inc. was initially approved for PPP Loan of amount $326,900, the current approved amount is $326,900. The loan was approved on 02/08/2021 by The South Atlantic Bank reported 51 jobs and $326,900 was used to fund payroll.

Reel south inc. is Existing or more than 2 years old

REEL SOUTH INC.

Date Approved

02/08/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

REEL SOUTH INC.

Borrower Address

10683 Ocean Highway

Borrower City

Pawleys Island

Borrower State

SC

Borrower Zip

29585

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

326900.00

Current Approval Amount

326900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

452235

Servicing Lender Name

South Atlantic Bank

Servicing Lender Address

630 29th Ave N

Servicing Lender City

MYRTLE BEACH

Servicing Lender State

SC

Servicing Lender Zip

29577-3169

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pawleys Island

Project County Name

GEORGETOWN

Project State

SC

Project Zip

29585

CD

SC-07

Jobs Reported

51

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

326897.00

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

452235

Originating Lender

South Atlantic Bank

Originating Lender City

MYRTLE BEACH

Originating Lender State

SC

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

329932.91

Forgiveness Date

01/11/2022

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