Reeds Appliance Co.

$35,265 PPP Loan in Lapeer, Michigan

Loan Details

Loan Number
4760367107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$35,265
Current Approval
$35,265
Forgiveness Amount
$35,538
Forgiveness Date
Jan 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reeds Appliance Co.
Address
552 Imlay City Rd
City
Lapeer
ZIP Code
48446-3178
Business Type
Corporation
Industry (NAICS)
Retail Trade (443141)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-09

Loan Use Breakdown

Payroll
$28,212
Rent
$7,053

Lender Information

Servicing Lender
Choiceone Bank
Originating Lender
Choiceone Bank

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