PPP Loan information for Red five it llc

$85,030

Red five it llc was initially approved for PPP Loan of amount $85,030, the current approved amount is $85,030. The loan was approved on 01/23/2021 by The Independent Bank reported 7 jobs and $85,030 was used to fund payroll.

Red five it llc is Existing or more than 2 years old

RED FIVE IT LLC

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RED FIVE IT LLC

Borrower Address

15 S 2nd St

Borrower City

Grand Haven

Borrower State

MI

Borrower Zip

49417-1309

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85030.00

Current Approval Amount

85030.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Haven

Project County Name

OTTAWA

Project State

MI

Project Zip

49417-1309

CD

MI-03

Jobs Reported

7

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

85028.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

85463.30

Forgiveness Date

08/03/2021

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