PPP Loan information for Red salt corporation

$519,711

Red salt corporation was initially approved for PPP Loan of amount $519,711, the current approved amount is $519,711. The loan was approved on 03/13/2021 by The TowneBank reported 56 jobs and $519,711 was used to fund payroll.

Red salt corporation is Existing or more than 2 years old

PPP Loan Search / VA / Henrico / Red salt corporation

RED SALT CORPORATION

Date Approved

03/13/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

RED SALT CORPORATION

Borrower Address

12221 W Broad St

Borrower City

Henrico

Borrower State

VA

Borrower Zip

23233-1063

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

519711.00

Current Approval Amount

519711.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Henrico

Project County Name

HENRICO

Project State

VA

Project Zip

23233-1063

CD

VA-01

Jobs Reported

56

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

519708.00

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

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

523969.74

Forgiveness Date

01/06/2022

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