PPP Loan information for Red lakes inc

$75,000

Red lakes inc was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 05/01/2020 by The Fulton Bank, National Association reported 5 jobs and $75,000 was used to fund payroll.

Red lakes inc is Existing or more than 2 years old

RED LAKES INC

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

RED LAKES INC

Borrower Address

14 RANDALL AVE

Borrower City

PIKESVILLE

Borrower State

MD

Borrower Zip

21208

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PIKESVILLE

Project County Name

BALTIMORE

Project State

MD

Project Zip

21208-0002

CD

MD-02

Jobs Reported

5

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75000.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

75520.83

Forgiveness Date

01/07/2021

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