PPP Loan information for Redwood incorporated

$321,509

Redwood incorporated was initially approved for PPP Loan of amount $321,509, the current approved amount is $321,509. The loan was approved on 04/14/2020 by The Oxford Bank reported 38 jobs and $321,509 was used to fund payroll.

Redwood incorporated is Existing or more than 2 years old

REDWOOD INCORPORATED

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

REDWOOD INCORPORATED

Borrower Address

3280 TRILLIUM LN

Borrower City

OXFORD

Borrower State

MI

Borrower Zip

48371-5528

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

321508.60

Current Approval Amount

321508.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OXFORD

Project County Name

OAKLAND

Project State

MI

Project Zip

48371-5528

CD

MI-09

Jobs Reported

38

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

321508.60

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

Non-Profit Organization

Originating Lender Location Id

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

324554.00

Forgiveness Date

04/01/2021

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