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Reed Trucking Company

$928,955 PPP Loan in Milton, Delaware

Loan Details

Loan Number
8637187104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$928,955
Current Approval
$928,955
Forgiveness Amount
$934,978
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reed Trucking Company
Address
522 Chestnut Street
City
Milton
State
Delaware
ZIP Code
19968
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484121)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$11.1M
Rural/Urban
Rural
Congressional District
DE-

Loan Use Breakdown

Payroll
$799,788
Rent
$27,000
Utilities
$3,000
Health Care
$99,167

Lender Information

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

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