# PPP loan: REED RUBBER PRODUCTS
> **$474K** approved 04/11/2020 · Paid in Full · Loan `2840347102`
## Borrower
- **Name:** REED RUBBER PRODUCTS
- **Address:** 3901 UNION BLVD, SUITE 106, SAINT LOUIS, MO, 63115-1107
- **NAICS:** 326220
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $474K
- **Initial approval:** $474K
- **Forgiven:** $478K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $356K
- **Rent:** $119K
- **Jobs reported:** 31
## Lender
- **Originating:** Carrollton Bank
- **Servicing:** Carrollton Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*