PPP Loan information for Red-point resources

$29,500

Red-point resources was initially approved for PPP Loan of amount $29,500, the current approved amount is $29,500. The loan was approved on 01/29/2021 by The First American Bank reported 4 jobs and $29,500 was used to fund payroll.

Red-point resources is Existing or more than 2 years old

RED-POINT RESOURCES

Date Approved

01/29/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

RED-POINT RESOURCES

Borrower Address

422 W Main St Ste 4

Borrower City

Artesia

Borrower State

NM

Borrower Zip

88210-2084

Loan Status Date

08/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29500.00

Current Approval Amount

29500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45718

Servicing Lender Name

First American Bank

Servicing Lender Address

303 W Main St

Servicing Lender City

ARTESIA

Servicing Lender State

NM

Servicing Lender Zip

88210-2133

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Artesia

Project County Name

EDDY

Project State

NM

Project Zip

88210-2084

CD

NM-03

Jobs Reported

4

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29500.00

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

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29924.47

Forgiveness Date

07/05/2022

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