PPP Loan information for Redwood systems inc

$183,600

Redwood systems inc was initially approved for PPP Loan of amount $183,600, the current approved amount is $183,600. The loan was approved on 01/31/2021 by The LendingClub Bank, National Association reported 12 jobs and $183,600 was used to fund payroll.

Redwood systems inc is Existing or more than 2 years old

PPP Loan Search / IL / Tinley Park / Redwood systems inc

REDWOOD SYSTEMS INC

Date Approved

01/31/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

REDWOOD SYSTEMS INC

Borrower Address

8231 185th St Ste 300

Borrower City

Tinley Park

Borrower State

IL

Borrower Zip

60487-9356

Loan Status Date

03/07/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

183600.00

Current Approval Amount

183600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111901

Servicing Lender Name

LendingClub Bank, National Association

Servicing Lender Address

2701 N Thanksgiving Way

Servicing Lender City

LEHI

Servicing Lender State

UT

Servicing Lender Zip

84043

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tinley Park

Project County Name

WILL

Project State

IL

Project Zip

60487-9356

CD

IL-01

Jobs Reported

12

NAICS Code

517911

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

183598.00

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

Corporation

Originating Lender Location Id

111901

Originating Lender

LendingClub Bank, National Association

Originating Lender City

LEHI

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

187176.43

Forgiveness Date

01/31/2023

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