PPP Loan information for Red's threads, llc

$5,300

Red's threads, llc was initially approved for PPP Loan of amount $5,300, the current approved amount is $5,300. The loan was approved on 04/14/2020 by The Quad City Bank and Trust Company reported 4 jobs and $5,300 was used to fund payroll.

Red's threads, llc is New Business or 2 years or less

PPP Loan Search / IA / BETTENDORF / Red's threads, llc

RED'S THREADS, LLC

Date Approved

04/14/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RED'S THREADS, LLC

Borrower Address

5043 Competition Dr

Borrower City

BETTENDORF

Borrower State

IA

Borrower Zip

52722

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5300.00

Current Approval Amount

5300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118885

Servicing Lender Name

Quad City Bank and Trust Company

Servicing Lender Address

2118 Middle Rd

Servicing Lender City

BETTENDORF

Servicing Lender State

IA

Servicing Lender Zip

52722-3209

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BETTENDORF

Project County Name

SCOTT

Project State

IA

Project Zip

52722-0001

CD

IA-01

Jobs Reported

4

NAICS Code

448190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5300.00

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

118885

Originating Lender

Quad City Bank and Trust Company

Originating Lender City

BETTENDORF

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5342.69

Forgiveness Date

02/09/2021

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