# PPP loan: S AND J REED, INC.
> **$561K** approved 04/29/2020 · Paid in Full · Loan `2514067302`
## Borrower
- **Name:** S AND J REED, INC.
- **Address:** 2268 ASHLAND ST, ASHLAND, OR, 97520-1406
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $561K
- **Initial approval:** $561K
- **Forgiven:** $565K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $482K
- **Rent:** $48K
- **Utilities:** $31K
- **Jobs reported:** 92
## Lender
- **Originating:** Peoples Bank of Commerce
- **Servicing:** Peoples Bank of Commerce (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*