PPP Loan information for Red industries, llc

$154,100

Red industries, llc was initially approved for PPP Loan of amount $531,200, the current approved amount is $154,100. The loan was approved on 04/10/2020 by The Dogwood State Bank reported 20 jobs and $154,100 was used to fund payroll.

Red industries, llc is Existing or more than 2 years old

RED INDUSTRIES, LLC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RED INDUSTRIES, LLC

Borrower Address

1236 Industrial Ave Suite 107

Borrower City

GASTONIA

Borrower State

NC

Borrower Zip

28054-4629

Loan Status Date

03/30/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

531200.00

Current Approval Amount

154100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

233057

Servicing Lender Name

Dogwood State Bank

Servicing Lender Address

5401 Six Forks Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-4462

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GASTONIA

Project County Name

GASTON

Project State

NC

Project Zip

28054-4629

CD

NC-14

Jobs Reported

20

NAICS Code

337110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

154100.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

233057

Originating Lender

Dogwood State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

156873.80

Forgiveness Date

01/28/2022

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