# PPP loan: REID & SONS DRAINAGE, INC.
> **$231K** approved 04/07/2020 · Paid in Full · Loan `6990237010`
## Borrower
- **Name:** REID & SONS DRAINAGE, INC.
- **Address:** 8761 Hillside Dr., SAINT JOHN, IN, 46373-8737
- **NAICS:** 561790
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Forgiven:** $233K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $231K
- **Jobs reported:** 19
## Lender
- **Originating:** First Community Bank and Trust
- **Servicing:** First Community Bank and Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*