PPP Loan information for Reid machinery

$344,629

Reid machinery was initially approved for PPP Loan of amount $344,629, the current approved amount is $344,629. The loan was approved on 02/22/2021 by The PNC Bank, National Association reported 25 jobs and $344,629 was used to fund payroll.

Reid machinery is Existing or more than 2 years old

PPP Loan Search / MI / Lansing / Reid machinery

REID MACHINERY

Date Approved

02/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

REID MACHINERY

Borrower Address

3030 S. MLK JR BLVD 3030 S. MLK JR BLVD

Borrower City

Lansing

Borrower State

MI

Borrower Zip

48910

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

344629.00

Current Approval Amount

344629.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lansing

Project County Name

INGHAM

Project State

MI

Project Zip

48910

CD

MI-08

Jobs Reported

25

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

344628.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

347060.55

Forgiveness Date

11/08/2021

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