# PPP loan: REED MACHINERY INC
> **$274K** approved 02/23/2021 · Paid in Full · Loan `3119668502`
## Borrower
- **Name:** REED MACHINERY INC
- **Address:** 10A New Bond St Reed Machinery Inc, Worcester, MA, 01606-2615
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $275K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $274K
- **Jobs reported:** 15
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*