Reed's Tire Center #1, Inc.

$115,250 PPP Loan in Stanley, Virginia

Loan Details

Loan Number
7716067009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$115,250
Current Approval
$115,250
Forgiveness Amount
$116,386
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reed's Tire Center #1, Inc.
Address
201 East Main St
ZIP Code
22851-4040
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
VA-06

Loan Use Breakdown

Payroll
$100,125
Rent
$3,325
Utilities
$1,800
Mortgage Interest
$10,000

Lender Information

Servicing Lender
Pioneer Bank
Originating Lender
Pioneer Bank

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