# PPP loan: REED LUMBER CO., LLC
> **$438K** approved 04/04/2020 · Paid in Full · Loan `4822047003`
## Borrower
- **Name:** REED LUMBER CO., LLC
- **Address:** 19111 West State Highway 8, POTOSI, MO, 63664-3111
- **NAICS:** 423310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $438K
- **Initial approval:** $438K
- **Forgiven:** $442K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $329K
- **Rent:** $83K
- **Utilities:** $27K
- **Jobs reported:** 70
## Lender
- **Originating:** Montgomery Bank
- **Servicing:** Montgomery Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*