PPP Loan information for Red oak tech inc

$3,044,347

Red oak tech inc was initially approved for PPP Loan of amount $3,044,347, the current approved amount is $3,044,347. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 142 jobs and $3,044,347 was used to fund payroll.

Red oak tech inc is New Business or 2 years or less

RED OAK TECH INC

Date Approved

05/01/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

RED OAK TECH INC

Borrower Address

2001 GATEWAY PL STE 150W

Borrower City

SAN JOSE

Borrower State

CA

Borrower Zip

95110-1055

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3044347.00

Current Approval Amount

3044347.00

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

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SAN JOSE

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95110-1055

CD

CA-17

Jobs Reported

142

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3044347.00

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

3077959.93

Forgiveness Date

06/11/2021

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