PPP Loan information for Redstone construction

$1,231,000

Redstone construction was initially approved for PPP Loan of amount $1,231,000, the current approved amount is $1,231,000. The loan was approved on 04/05/2020 by The First Citizens Bank reported 58 jobs and $1,231,000 was used to fund payroll.

Redstone construction is Existing or more than 2 years old

PPP Loan Search / MN / MORA / Redstone construction

REDSTONE CONSTRUCTION

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

REDSTONE CONSTRUCTION

Borrower Address

2183 Hwy 65 N

Borrower City

MORA

Borrower State

MN

Borrower Zip

55051-0218

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1231000.00

Current Approval Amount

1231000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24732

Servicing Lender Name

First Citizens Bank

Servicing Lender Address

2601 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4650

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MORA

Project County Name

KANABEC

Project State

MN

Project Zip

55051-0218

CD

MN-08

Jobs Reported

58

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1223284.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7716.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

24732

Originating Lender

First Citizens Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1243925.50

Forgiveness Date

04/27/2021

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