Billy Reid, Inc.

$1,171,869 PPP Loan in Florence, Alabama

Loan Details

Loan Number
6432477007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,171,869
Current Approval
$1,171,869
Forgiveness Amount
$1,182,513
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Billy Reid, Inc.
Address
114 N. Court Street
State
Alabama
ZIP Code
35630-4766
Business Type
Corporation
Industry (NAICS)
Retail Trade (448150)
Business Age
Existing or more than 2 years old
Jobs Reported
119
Estimated Revenue
$36.0M
Rural/Urban
Rural
Congressional District
AL-05

Loan Use Breakdown

Payroll
$925,000
Rent
$200,000
Utilities
$34,869
Mortgage Interest
$12,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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