PPP Loan information for Red hot spas, inc.

$524,697

Red hot spas, inc. was initially approved for PPP Loan of amount $524,697, the current approved amount is $524,697. The loan was approved on 04/11/2020 by The Bank of America, National Association reported 33 jobs and $524,697 was used to fund payroll.

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

RED HOT SPAS, INC.

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RED HOT SPAS, INC.

Borrower Address

4218 OLD MONROE RD

Borrower City

INDIAN TRAIL

Borrower State

NC

Borrower Zip

28079-3603

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

524697.00

Current Approval Amount

524697.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INDIAN TRAIL

Project County Name

UNION

Project State

NC

Project Zip

28079-3603

CD

NC-08

Jobs Reported

33

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

524697.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

531827.13

Forgiveness Date

08/26/2021

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