ALBERT J REED (IN) - 2020 PPP Loan Borrower Profile (# 1871448505)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBERT J 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 Indiana.

Loan Detail

Loan Number

1871448505

SBA Office Code

0562

Processing Method

PPS

Curent Loan Amount

$8,970

Date Loan was Approved

Feb 19, 2021

Amount Forgiven

$9,013.35

Date Loan was Forgiven

Aug 17, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

8,964

Lender

Citizens State Bank of New Castle

Business Detail

Business Type

Sole Proprietorship

NAICS

484220

Borrower Location

Markleville, IN

Project Location

Markleville, IN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.