PPP Loan information for Red clay erosion control inc.

$132,974

Red clay erosion control inc. was initially approved for PPP Loan of amount $132,974, the current approved amount is $132,974. The loan was approved on 01/29/2021 by The The Piedmont Bank reported 16 jobs and $132,974 was used to fund payroll.

Red clay erosion control inc. is Existing or more than 2 years old

RED CLAY EROSION CONTROL INC.

Date Approved

01/29/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

RED CLAY EROSION CONTROL INC.

Borrower Address

70 Lake Rd

Borrower City

Hiram

Borrower State

GA

Borrower Zip

30141-2338

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

132973.72

Current Approval Amount

132973.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444613

Servicing Lender Name

The Piedmont Bank

Servicing Lender Address

5100 Peachtree Pkwy

Servicing Lender City

NORCROSS

Servicing Lender State

GA

Servicing Lender Zip

30092-2525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hiram

Project County Name

PAULDING

Project State

GA

Project Zip

30141-2338

CD

GA-14

Jobs Reported

16

NAICS Code

237210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

132971.72

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

Subchapter S Corporation

Originating Lender Location Id

444613

Originating Lender

The Piedmont Bank

Originating Lender City

NORCROSS

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

134117.66

Forgiveness Date

12/15/2021

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