PPP Loan information for Red development, llc

$2,075,445

Red development, llc was initially approved for PPP Loan of amount $2,075,445, the current approved amount is $2,075,445. The loan was approved on 04/07/2020 by The Bankers Trust Company reported 136 jobs and $2,075,445 was used to fund payroll.

Red development, llc is Existing or more than 2 years old

RED DEVELOPMENT, LLC

Date Approved

04/07/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

RED DEVELOPMENT, LLC

Borrower Address

1 E. WASHINGTON ST

Borrower City

PHOENIX

Borrower State

AZ

Borrower Zip

85004-2310

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2075445.00

Current Approval Amount

2075445.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24841

Servicing Lender Name

Bankers Trust Company

Servicing Lender Address

453 7th St

Servicing Lender City

DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50309-4110

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PHOENIX

Project County Name

MARICOPA

Project State

AZ

Project Zip

85004-2310

CD

AZ-03

Jobs Reported

136

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2075445.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24841

Originating Lender

Bankers Trust Company

Originating Lender City

DES MOINES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2099326.83

Forgiveness Date

06/11/2021

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