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Reed Electric Field Service

$259,538 PPP Loan in Reno, Nevada

Loan Details

Loan Number
1899757205
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$259,538
Current Approval
$259,538
Forgiveness Amount
$261,799
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reed Electric Field Service
Address
5375 Louie Lane
City
Reno
State
Nevada
ZIP Code
89511
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$5.8M
Rural/Urban
Urban
Congressional District
NV-02

Loan Use Breakdown

Payroll
$225,000
Utilities
$34,538

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Stearns Bank National Association

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