PPP Loan information for Red hot promotions inc.

$112,400

Red hot promotions inc. was initially approved for PPP Loan of amount $112,400, the current approved amount is $112,400. The loan was approved on 01/28/2021 by The Heritage Bank, Inc. reported 9 jobs and $112,400 was used to fund payroll.

Red hot promotions inc. is Existing or more than 2 years old

RED HOT PROMOTIONS INC.

Date Approved

01/28/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

RED HOT PROMOTIONS INC.

Borrower Address

811 Monmouth St

Borrower City

Newport

Borrower State

KY

Borrower Zip

41071-1819

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112400.00

Current Approval Amount

112400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116820

Servicing Lender Name

Heritage Bank, Inc.

Servicing Lender Address

1818 Florence

Servicing Lender City

Burlington

Servicing Lender State

KY

Servicing Lender Zip

41005

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

CAMPBELL

Project State

KY

Project Zip

41071-1819

CD

KY-04

Jobs Reported

9

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

112398.00

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

116820

Originating Lender

Heritage Bank, Inc.

Originating Lender City

Burlington

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113471.65

Forgiveness Date

01/13/2022

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