PPP Loan information for Tim reed

$14,250

Tim reed was initially approved for PPP Loan of amount $14,250, the current approved amount is $14,250. The loan was approved on 04/28/2020 by The Hometown Community Bank reported 1 jobs and $14,250 was used to fund payroll.

Tim reed is Existing or more than 2 years old

TIM REED

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TIM REED

Borrower Address

10583 State Hwy 29

Borrower City

Glenwood

Borrower State

MN

Borrower Zip

56334

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14250.00

Current Approval Amount

14250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36764

Servicing Lender Name

Hometown Community Bank

Servicing Lender Address

100 E Main St

Servicing Lender City

CYRUS

Servicing Lender State

MN

Servicing Lender Zip

56323-4628

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glenwood

Project County Name

POPE

Project State

MN

Project Zip

56334-0001

CD

MN-07

Jobs Reported

1

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

14250.00

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

Sole Proprietorship

Originating Lender Location Id

36764

Originating Lender

Hometown Community Bank

Originating Lender City

CYRUS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14347.21

Forgiveness Date

01/11/2021

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