PPP Loan information for Redline systems, inc.

$6,500

Redline systems, inc. was initially approved for PPP Loan of amount $6,500, the current approved amount is $6,500. The loan was approved on 04/28/2020 by The Home State Bank reported 1 jobs and $6,500 was used to fund payroll.

Redline systems, inc. is Existing or more than 2 years old

REDLINE SYSTEMS, INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

REDLINE SYSTEMS, INC.

Borrower Address

25 MICHIGAN ST SE

Borrower City

HUTCHINSON

Borrower State

MN

Borrower Zip

55350-1940

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6500.00

Current Approval Amount

6500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38267

Servicing Lender Name

Home State Bank

Servicing Lender Address

1435 E Hwy 12

Servicing Lender City

LITCHFIELD

Servicing Lender State

MN

Servicing Lender Zip

55355-5328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUTCHINSON

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-1940

CD

MN-07

Jobs Reported

1

NAICS Code

333111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

6500.00

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

Corporation

Originating Lender Location Id

38267

Originating Lender

Home State Bank

Originating Lender City

LITCHFIELD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6544.24

Forgiveness Date

01/07/2021

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