# PPP loan: MENDED REEDS SERVICES INC
> **$825K** approved 04/09/2020 · Paid in Full · Loan `9537147002`
## Borrower
- **Name:** MENDED REEDS SERVICES INC
- **Address:** 700 PARK AVE, IRONTON, OH, 45638-1502
- **NAICS:** 621420
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $825K
- **Initial approval:** $825K
- **Forgiven:** $830K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $557K
- **Rent:** $82K
- **Utilities:** $82K
- **Health care:** $103K
- **Jobs reported:** 106
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*