# PPP loan: REESON, INC.
> **$591K** approved 04/11/2020 · Paid in Full · Loan `2661767104`
## Borrower
- **Name:** REESON, INC.
- **Address:** 1528 COOSA PINES DR, CHILDERSBURG, AL, 35044-1013
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $591K
- **Initial approval:** $591K
- **Forgiven:** $597K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $591K
- **Jobs reported:** 50
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*