BRUCE REED (AR) - 2020 PPP Loan Borrower Profile (# 1316368604)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to BRUCE REED. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Arkansas.
Loan Detail
Loan Number
1316368604
SBA Office Code
0669
Processing Method
PPP
Curent Loan Amount
$20,393
Date Loan was Approved
Mar 13, 2021
Amount Forgiven
$20,525.97
Date Loan was Forgiven
Nov 22, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
20,387
Lender
Customers Bank
Business Detail
Business Type
Independent Contractors
NAICS
485999
Borrower Location
El Dorado, AR
Project Location
El Dorado, AR
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.