PPP Loan information for Red bay constructors corp.

$152,500

Red bay constructors corp. was initially approved for PPP Loan of amount $152,500, the current approved amount is $152,500. The loan was approved on 04/27/2020 by The ServisFirst Bank reported 50 jobs and $152,500 was used to fund payroll.

Red bay constructors corp. is Existing or more than 2 years old

RED BAY CONSTRUCTORS CORP.

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

RED BAY CONSTRUCTORS CORP.

Borrower Address

5581 WOODBINE AVE

Borrower City

NORTH CHARLESTON

Borrower State

SC

Borrower Zip

29406-6143

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

152500.00

Current Approval Amount

152500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH CHARLESTON

Project County Name

CHARLESTON

Project State

SC

Project Zip

29406-6143

CD

SC-06

Jobs Reported

50

NAICS Code

238140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

152500.00

Payroll Proceed

0.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

154245.28

Forgiveness Date

06/24/2021

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