PPP Loan information for Red cinemas, llc

$92,040

Red cinemas, llc was initially approved for PPP Loan of amount $92,040, the current approved amount is $92,040. The loan was approved on 04/14/2020 by The Pinnacle Bank reported 47 jobs and $92,040 was used to fund payroll.

Red cinemas, llc is New Business or 2 years or less

RED CINEMAS, LLC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RED CINEMAS, LLC

Borrower Address

1410 MILL STREET SUITE 102

Borrower City

GREENSBORO

Borrower State

NC

Borrower Zip

27408

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92040.00

Current Approval Amount

92040.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GREENSBORO

Project County Name

GUILFORD

Project State

NC

Project Zip

27408-1900

CD

NC-06

Jobs Reported

47

NAICS Code

713990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

92040.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88811.62

Forgiveness Date

08/10/2021

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