PPP Loan information for Reid insurance group, inc.

$126,510

Reid insurance group, inc. was initially approved for PPP Loan of amount $126,510, the current approved amount is $126,510. The loan was approved on 04/11/2020 by The Connecticut Community Bank, National Association reported 7 jobs and $126,510 was used to fund payroll.

Reid insurance group, inc. is Existing or more than 2 years old

PPP Loan Search / NM / LOVINGTON / Reid insurance group, inc.

REID INSURANCE GROUP, INC.

Date Approved

04/11/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

REID INSURANCE GROUP, INC.

Borrower Address

423 S. MAIN AVE

Borrower City

LOVINGTON

Borrower State

NM

Borrower Zip

88260-4422

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126510.00

Current Approval Amount

126510.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123396

Servicing Lender Name

Connecticut Community Bank, National Association

Servicing Lender Address

605 West Ave

Servicing Lender City

Norwalk

Servicing Lender State

CT

Servicing Lender Zip

06850

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOVINGTON

Project County Name

LEA

Project State

NM

Project Zip

88260-4422

CD

NM-03

Jobs Reported

7

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15813.75

Payroll Proceed

94882.50

Mortgage Interest Proceed

0.00

Rent Proceed

15813.75

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123396

Originating Lender

Connecticut Community Bank, National Association

Originating Lender City

Norwalk

Originating Lender State

CT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

127673.19

Forgiveness Date

03/18/2021

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