PPP Loan information for Red enterprises inc

$132,233

Red enterprises inc was initially approved for PPP Loan of amount $132,233, the current approved amount is $132,233. The loan was approved on 03/20/2021 by The Summit Community Bank, Inc. reported 20 jobs and $132,233 was used to fund payroll.

Red enterprises inc is Existing or more than 2 years old

PPP Loan Search / MD / Ridgely / Red enterprises inc

RED ENTERPRISES INC

Date Approved

03/20/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

RED ENTERPRISES 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

24

SBA Guaranty Percentage

100

Initial Approval Amount

132232.50

Current Approval Amount

132232.50

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

20

NAICS Code

446199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

132232.50

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

132757.76

Forgiveness Date

08/13/2021

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