# PPP loan: REYNOLDS AND SON INC
> **$420K** approved 01/28/2021 · Exemption 4 · Loan `7847318302`
## Borrower
- **Name:** REYNOLDS AND SON INC
- **Address:** 47 Bridge St, Barre, VT, 05641-8703
- **NAICS:** 423840
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $354K (84%)
- **Forgiveness date:** 12/08/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $420K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Northfield Savings Bank
- **Servicing:** Northfield Savings Bank (VT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*