PPP Loan information for Red enterprises inc

$111,857

Red enterprises inc was initially approved for PPP Loan of amount $111,857, the current approved amount is $111,857. The loan was approved on 04/27/2020 by The Summit Community Bank, Inc. reported 19 jobs and $111,857 was used to fund payroll.

Red enterprises inc is Existing or more than 2 years old

PPP Loan Search / MD / SALISBURY / Red enterprises inc

RED ENTERPRISES INC

Date Approved

04/27/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

RED ENTERPRISES INC

Borrower Address

2658 N. SALISBURY BLVD Suite 105

Borrower City

SALISBURY

Borrower State

MD

Borrower Zip

21801-2184

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111856.77

Current Approval Amount

111856.77

Undisbursed Amount

0.00

Franchise Name

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

WICOMICO

Project State

MD

Project Zip

21801-2184

CD

MD-01

Jobs Reported

19

NAICS Code

621399

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

111856.77

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

112633.55

Forgiveness Date

01/07/2021

;