# PPP loan: REED MOTORS STJ, LLC
> **$576K** approved 04/10/2020 · Paid in Full · Loan `2390537102`
## Borrower
- **Name:** REED MOTORS STJ, LLC
- **Address:** 3100 US HIGHWAY 169, SAINT JOSEPH, MO, 64503-4002
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $576K
- **Initial approval:** $576K
- **Forgiven:** $581K (101%)
- **Forgiveness date:** 03/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $576K
- **Jobs reported:** 53
## Lender
- **Originating:** Ally Bank
- **Servicing:** Ally Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*