PPP Loan information for R.e.d. construction inc

$59,100

R.e.d. construction inc was initially approved for PPP Loan of amount $59,100, the current approved amount is $59,100. The loan was approved on 04/02/2021 by The The First National Bank of Wakefield reported 7 jobs and $59,100 was used to fund payroll.

R.e.d. construction inc is Existing or more than 2 years old

PPP Loan Search / MI / Ironwood / R.e.d. construction inc

R.E.D. CONSTRUCTION INC

Date Approved

04/02/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

R.E.D. CONSTRUCTION INC

Borrower Address

N10653 Junet Rd

Borrower City

Ironwood

Borrower State

MI

Borrower Zip

49938-9239

Loan Status Date

08/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

59100.00

Current Approval Amount

59100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36552

Servicing Lender Name

The First National Bank of Wakefield

Servicing Lender Address

402 Sunday Lake St

Servicing Lender City

WAKEFIELD

Servicing Lender State

MI

Servicing Lender Zip

49968-1338

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ironwood

Project County Name

GOGEBIC

Project State

MI

Project Zip

49938-9239

CD

MI-01

Jobs Reported

7

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

59098.00

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

36552

Originating Lender

The First National Bank of Wakefield

Originating Lender City

WAKEFIELD

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59827.26

Forgiveness Date

06/30/2022

;