# PPP loan: REED AND REED, LLP
> **$159K** approved 04/13/2020 · Paid in Full · Loan `5116687102`
## Borrower
- **Name:** REED AND REED, LLP
- **Address:** 201 N MCKINNEY ST, MEXIA, TX, 76667-2826
- **NAICS:** 541110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 09/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $159K
- **Jobs reported:** 13
## Lender
- **Originating:** VeraBank, National Association
- **Servicing:** VeraBank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*