PPP Loan information for Red stone operations inc

$1,341,700

Red stone operations inc was initially approved for PPP Loan of amount $1,341,700, the current approved amount is $1,341,700. The loan was approved on 02/06/2021 by The Frost Bank reported 60 jobs and $1,341,700 was used to fund payroll.

Red stone operations inc is Existing or more than 2 years old

PPP Loan Search / TX / Odessa / Red stone operations inc

RED STONE OPERATIONS INC

Date Approved

02/06/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

RED STONE OPERATIONS INC

Borrower Address

3962 Dixie Blvd

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79766-2194

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1341700.00

Current Approval Amount

1341700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Odessa

Project County Name

ECTOR

Project State

TX

Project Zip

79766-2194

CD

TX-11

Jobs Reported

60

NAICS Code

213112

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1341697.00

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

Subchapter S Corporation

Originating Lender Location Id

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1347250.59

Forgiveness Date

07/12/2021

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