PPP Loan information for Red ent inc

$248,658

Red ent inc was initially approved for PPP Loan of amount $248,658, the current approved amount is $248,658. The loan was approved on 01/19/2021 by The Summit Community Bank, Inc. reported 26 jobs and $248,658 was used to fund payroll.

Red ent inc is Existing or more than 2 years old

RED ENT INC

Date Approved

01/19/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

RED ENT INC

Borrower Address

23359 Ninetown Rd

Borrower City

Ridgely

Borrower State

MD

Borrower Zip

21660-1322

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

248657.50

Current Approval Amount

248657.50

Undisbursed Amount

0.00

Franchise Name

Massage Envy

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ridgely

Project County Name

CAROLINE

Project State

MD

Project Zip

21660-1322

CD

MD-01

Jobs Reported

26

NAICS Code

446199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

248657.50

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

250066.56

Forgiveness Date

08/16/2021

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