PPP Loan information for Red enterprises incorporated

$94,823

Red enterprises incorporated was initially approved for PPP Loan of amount $94,823, the current approved amount is $94,823. The loan was approved on 04/27/2020 by The Summit Community Bank, Inc. reported 20 jobs and $94,823 was used to fund payroll.

Red enterprises incorporated is Existing or more than 2 years old

PPP Loan Search / DE / REHOBOTH BEACH / Red enterprises incorporated

RED ENTERPRISES INCORPORATED

Date Approved

04/27/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

RED ENTERPRISES INCORPORATED

Borrower Address

18949 COASTAL HWY 104

Borrower City

REHOBOTH BEACH

Borrower State

DE

Borrower Zip

19971-6217

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94823.45

Current Approval Amount

94823.45

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REHOBOTH BEACH

Project County Name

SUSSEX

Project State

DE

Project Zip

19971-6217

CD

DE-

Jobs Reported

20

NAICS Code

621399

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

94823.45

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

95481.95

Forgiveness Date

01/07/2021

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