PPP Loan information for Red diamond inc.

$1,753,180

Red diamond inc. was initially approved for PPP Loan of amount $1,753,180, the current approved amount is $1,753,180. The loan was approved on 03/27/2021 by The Regions Bank reported 135 jobs and $1,753,180 was used to fund payroll.

Red diamond inc. is Existing or more than 2 years old

PPP Loan Search / AL / Moody / Red diamond inc.

RED DIAMOND INC.

Date Approved

03/27/2021

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RED DIAMOND INC.

Borrower Address

400 Park Ave

Borrower City

Moody

Borrower State

AL

Borrower Zip

35004-3330

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1753180.00

Current Approval Amount

1753180.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Moody

Project County Name

SAINT CLAIR

Project State

AL

Project Zip

35004-3330

CD

AL-03

Jobs Reported

135

NAICS Code

311920

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1753180.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1758367.49

Forgiveness Date

07/26/2021

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