PPP Loan information for Red ent inc

$270,991

Red ent inc was initially approved for PPP Loan of amount $270,991, the current approved amount is $270,991. The loan was approved on 04/27/2020 by The Summit Community Bank, Inc. reported 30 jobs and $270,991 was used to fund payroll.

Red ent inc is New Business or 2 years or less

RED ENT INC

Date Approved

04/27/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

RED ENT INC

Borrower Address

7820 Wormans Mill Road Suite G

Borrower City

FREDERICK

Borrower State

MD

Borrower Zip

21701-3037

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

270990.62

Current Approval Amount

270990.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FREDERICK

Project County Name

FREDERICK

Project State

MD

Project Zip

21701-3037

CD

MD-06

Jobs Reported

30

NAICS Code

561110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

270990.62

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

272970.36

Forgiveness Date

01/20/2021

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