PPP Loan information for Reds of fayetteville, llc

$151,130

Reds of fayetteville, llc was initially approved for PPP Loan of amount $151,130, the current approved amount is $151,130. The loan was approved on 04/28/2020 by The First Bank reported 38 jobs and $151,130 was used to fund payroll.

Reds of fayetteville, llc is New Business or 2 years or less

REDS OF FAYETTEVILLE, LLC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

REDS OF FAYETTEVILLE, LLC

Borrower Address

3037 BOONE TRAIL EXT

Borrower City

FAYETTEVILLE

Borrower State

NC

Borrower Zip

28304-3859

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151130.00

Current Approval Amount

151130.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FAYETTEVILLE

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28304-3859

CD

NC-07

Jobs Reported

38

NAICS Code

812199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18891.00

Payroll Proceed

113348.00

Mortgage Interest Proceed

0.00

Rent Proceed

18891.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

152860.75

Forgiveness Date

06/24/2021

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