# PPP loan: REED RIGGING, INC.
> **$231K** approved 04/06/2020 · Paid in Full · Loan `5621777008`
## Borrower
- **Name:** REED RIGGING, INC.
- **Address:** 4400 W 45th St Ste A, Chicago, IL, 60632-4304
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Forgiven:** $233K (101%)
- **Forgiveness date:** 02/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $231K
- **Jobs reported:** 15
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*