WAYNE, NJ
As part of the Paycheck Protection Program REED-LANE, INC was approved for a loan.
The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.
| Loan Amount | $2,079,962 |
| BusinessName | REED-LANE, INC |
| Address | 359 NEWARK POMPTON TPKE |
| City | WAYNE |
| State | NJ |
| Zip | 7470 |
| NAICSCode | 322212 |
| BusinessType | Subchapter S Corporation |
| RaceEthnicity | Unanswered |
| Gender | Unanswered |
| Veteran | Unanswered |
| NonProfit | |
| JobsReported | 175 |
| DateApproved | 04/07/2020 |
| Lender | Valley National Bank |
| CD | NJ-11 |
| BusinessName.clean | REEDLANE |
The data come from a release of over 5 million records by the SBA in November, 2020.
Entities affected by Coronavirus (COVID-19) may have been eligible, including:
More info about the PPP is available from the Small Business Administration.
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