PPP Loan information for Red sails inc.

$344,064

Red sails inc. was initially approved for PPP Loan of amount $344,064, the current approved amount is $344,064. The loan was approved on 01/25/2021 by The The Huntington National Bank reported 35 jobs and $344,064 was used to fund payroll.

Red sails inc. is Existing or more than 2 years old

PPP Loan Search / IN / Zionsville / Red sails inc.

RED SAILS INC.

Date Approved

01/25/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

RED SAILS INC.

Borrower Address

290 S Main St

Borrower City

Zionsville

Borrower State

IN

Borrower Zip

46077-1621

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

344064.00

Current Approval Amount

344064.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Zionsville

Project County Name

BOONE

Project State

IN

Project Zip

46077-1621

CD

IN-04

Jobs Reported

35

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

344059.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

347080.45

Forgiveness Date

12/14/2021

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