# PPP loan: REED MANUFACTURING COMPANY INC.
> **$594K** approved 02/05/2021 · Paid in Full · Loan `3493608408`
## Borrower
- **Name:** REED MANUFACTURING COMPANY INC.
- **Address:** 1321 S Veterans Memorial Blvd, Tupelo, MS, 38804-5813
- **NAICS:** 315220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $594K
- **Initial approval:** $594K
- **Forgiven:** $596K (100%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $594K
- **Jobs reported:** 46
## Lender
- **Originating:** First Business Bank
- **Servicing:** First Business Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*