Reed-Lane, Inc.

$2,079,962 PPP Loan in Wayne, New Jersey

Loan Details

Loan Number
6648537000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$2,079,962
Current Approval
$2,079,962
Forgiveness Amount
$2,103,766
Forgiveness Date
Jun 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reed-Lane, Inc.
Address
359 Newark Pompton Tpke
City
Wayne
ZIP Code
07470-6600
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (322212)
Business Age
Existing or more than 2 years old
Jobs Reported
175
Estimated Revenue
$173.6M
Rural/Urban
Urban
Congressional District
NJ-11

Loan Use Breakdown

Payroll
$2,079,962

Lender Information

Servicing Lender
Valley National Bank
Originating Lender
Valley National Bank

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