PPP Loan information for Redline automotive

$237,000

Redline automotive was initially approved for PPP Loan of amount $237,000, the current approved amount is $237,000. The loan was approved on 04/10/2020 by The Black Hills Community Bank, National Association reported 26 jobs and $237,000 was used to fund payroll.

Redline automotive is Existing or more than 2 years old

PPP Loan Search / SD / RAPID CITY / Redline automotive

REDLINE AUTOMOTIVE

Date Approved

04/10/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

REDLINE AUTOMOTIVE

Borrower Address

1700 Comden Drive Cory's Parts

Borrower City

RAPID CITY

Borrower State

SD

Borrower Zip

57709

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237000.00

Current Approval Amount

237000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

452201

Servicing Lender Name

Black Hills Community Bank, National Association

Servicing Lender Address

840 Mount Rushmore Rd

Servicing Lender City

RAPID CITY

Servicing Lender State

SD

Servicing Lender Zip

57701-3603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RAPID CITY

Project County Name

PENNINGTON

Project State

SD

Project Zip

57709-0001

CD

SD-

Jobs Reported

26

NAICS Code

811198

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

237000.00

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

452201

Originating Lender

Black Hills Community Bank, National Association

Originating Lender City

RAPID CITY

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

238993.40

Forgiveness Date

02/18/2021

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