PPP Loan information for The reed company

$169,667

The reed company was initially approved for PPP Loan of amount $169,667, the current approved amount is $169,667. The loan was approved on 03/25/2021 by The Eastern Bank reported 12 jobs and $169,667 was used to fund payroll.

The reed company is Existing or more than 2 years old

PPP Loan Search / MA / Lynnfield / The reed company

THE REED COMPANY

Date Approved

03/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

THE REED COMPANY

Borrower Address

383R Summer St

Borrower City

Lynnfield

Borrower State

MA

Borrower Zip

01940-2061

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

169667.00

Current Approval Amount

169667.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lynnfield

Project County Name

ESSEX

Project State

MA

Project Zip

01940-2061

CD

MA-06

Jobs Reported

12

NAICS Code

423320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

169664.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

170901.80

Forgiveness Date

12/20/2021

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