PPP Loan information for Redmond automotive inc.

$78,988

Redmond automotive inc. was initially approved for PPP Loan of amount $78,988, the current approved amount is $78,988. The loan was approved on 03/01/2021 by The 1st State Bank reported 8 jobs and $78,988 was used to fund payroll.

Redmond automotive inc. is Existing or more than 2 years old

REDMOND AUTOMOTIVE INC.

Date Approved

03/01/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

REDMOND AUTOMOTIVE INC.

Borrower Address

7613 Gratiot Rd

Borrower City

Saginaw

Borrower State

MI

Borrower Zip

48609-5013

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78987.50

Current Approval Amount

78987.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saginaw

Project County Name

SAGINAW

Project State

MI

Project Zip

48609-5013

CD

MI-08

Jobs Reported

8

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

78985.50

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

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79331.97

Forgiveness Date

08/09/2021

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