PPP Loan information for Red drum, inc.

$123,200

Red drum, inc. was initially approved for PPP Loan of amount $123,200, the current approved amount is $123,200. The loan was approved on 04/27/2020 by The Southern Bank and Trust Company reported 22 jobs and $123,200 was used to fund payroll.

Red drum, inc. is Existing or more than 2 years old

PPP Loan Search / NC / NAGS HEAD / Red drum, inc.

RED DRUM, INC.

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RED DRUM, INC.

Borrower Address

2412 South VIRGINIA DARE TRL

Borrower City

NAGS HEAD

Borrower State

NC

Borrower Zip

27959-9246

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123200.00

Current Approval Amount

123200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAGS HEAD

Project County Name

DARE

Project State

NC

Project Zip

27959-9246

CD

NC-03

Jobs Reported

22

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

123200.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

124185.60

Forgiveness Date

02/17/2021

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