Reid Stores Inc.

$851,600 PPP Loan in Lockport, New York

Loan Details

Loan Number
6115817205
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$851,600
Current Approval
$851,600
Forgiveness Amount
$860,956
Forgiveness Date
Jun 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reid Stores Inc.
Address
100 West Genesee Street
ZIP Code
14094
Business Type
Corporation
Industry (NAICS)
Retail Trade (447110)
Franchise
Exxon-Mobil Oil Corporation - Pmpa Franchise Agreement (global Companies LLC Assignment )
Business Age
Existing or more than 2 years old
Jobs Reported
131
Estimated Revenue
$43.8M
Rural/Urban
Urban
Congressional District
NY-24

Loan Use Breakdown

Payroll
$766,440
Rent
$50,000
Utilities
$35,160

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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