PPP Loan information for The red group limited

$197,085

The red group limited was initially approved for PPP Loan of amount $197,085, the current approved amount is $197,085. The loan was approved on 01/31/2021 by The CNB Bank reported 42 jobs and $197,085 was used to fund payroll.

The red group limited is Existing or more than 2 years old

THE RED GROUP LIMITED

Date Approved

01/31/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

THE RED GROUP LIMITED

Borrower Address

7314 Lake Shore Blvd

Borrower City

Mentor

Borrower State

OH

Borrower Zip

44060-3030

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

197084.86

Current Approval Amount

197084.86

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59954

Servicing Lender Name

CNB Bank

Servicing Lender Address

31 S Second St

Servicing Lender City

CLEARFIELD

Servicing Lender State

PA

Servicing Lender Zip

16830

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mentor

Project County Name

LAKE

Project State

OH

Project Zip

44060-3030

CD

OH-14

Jobs Reported

42

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

197082.86

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

59954

Originating Lender

CNB Bank

Originating Lender City

CLEARFIELD

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

198791.13

Forgiveness Date

12/16/2021

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