Reed's Auto Repair, INC

$40,600 PPP Loan in Freeport, Illinois

Loan Details

Loan Number
7528567706
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$40,600
Current Approval
$40,600
Forgiveness Amount
$40,843
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reed's Auto Repair, INC
Address
50 Monterey St E
ZIP Code
61032
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$40,600

Lender Information

Servicing Lender
U.s. Bank, National Association
Originating Lender
U.s. Bank, National Association

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