PPP Loan information for Red's llc

$612,400

Red's llc was initially approved for PPP Loan of amount $612,400, the current approved amount is $612,400. The loan was approved on 02/19/2021 by The Enterprise Bank and Trust Company reported 70 jobs and $612,400 was used to fund payroll.

Red's llc is Existing or more than 2 years old

PPP Loan Search / MA / Peabody / Red's llc

RED'S LLC

Date Approved

02/19/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

RED'S LLC

Borrower Address

131 Newbury St

Borrower City

Peabody

Borrower State

MA

Borrower Zip

01960-3810

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

612400.00

Current Approval Amount

612400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Peabody

Project County Name

ESSEX

Project State

MA

Project Zip

01960-3810

CD

MA-06

Jobs Reported

70

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

612396.00

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

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

617775.51

Forgiveness Date

01/06/2022

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