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Reed's Marine, INC

$149,696 PPP Loan in Delavan, Wisconsin

Loan Details

Loan Number
9438077304
Date Approved
May 2, 2020
Loan Status
Paid in Full
Initial Approval
$149,696
Current Approval
$149,696
Forgiveness Amount
$151,240
Forgiveness Date
May 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reed's Marine, INC
Address
174 State Road 50 Delavan
City
Delavan
State
Wisconsin
ZIP Code
53115
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441222)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
WI-01

Loan Use Breakdown

Payroll
$119,756
Rent
$16,000
Debt Interest
$13,940

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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