# PPP loan: REECE DISTRIBUTING INC
> **$207K** approved 04/10/2020 · Paid in Full · Loan `2325087102`
## Borrower
- **Name:** REECE DISTRIBUTING INC
- **Address:** 1016 S Poplar St, FRUITLAND, ID, 83619
- **NAICS:** 423840
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $207K
- **Jobs reported:** 14
## Lender
- **Originating:** First Interstate Bank
- **Servicing:** First Interstate Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*