PPP Loan information for Redline automotive

$218,277

Redline automotive was initially approved for PPP Loan of amount $218,277, the current approved amount is $218,277. The loan was approved on 02/09/2021 by The Black Hills Community Bank, National Association reported 32 jobs and $218,277 was used to fund payroll.

Redline automotive is Existing or more than 2 years old

REDLINE AUTOMOTIVE

Date Approved

02/09/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

REDLINE AUTOMOTIVE

Borrower Address

1700 Camden Dr

Borrower City

Rapid City

Borrower State

SD

Borrower Zip

57701-1018

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

218277.00

Current Approval Amount

218277.00

Undisbursed Amount

0.00

Franchise Name

Tire Factory/Point S

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

57701-1018

CD

SD-

Jobs Reported

32

NAICS Code

811118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

218273.00

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

219012.56

Forgiveness Date

06/15/2021

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