PPP Loan information for Redmond automotive, inc.

$78,900

Redmond automotive, inc. was initially approved for PPP Loan of amount $78,900, the current approved amount is $78,900. The loan was approved on 04/03/2020 by The 1st State Bank reported 8 jobs and $78,900 was used to fund payroll.

Redmond automotive, inc. is Existing or more than 2 years old

REDMOND AUTOMOTIVE, INC.

Date Approved

04/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

REDMOND AUTOMOTIVE, INC.

Borrower Address

7613 GRATIOT RD

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48609-5013

Loan Status Date

05/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78900.00

Current Approval Amount

78900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48609-5013

CD

MI-08

Jobs Reported

8

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2022.00

Payroll Proceed

69243.00

Mortgage Interest Proceed

0.00

Rent Proceed

7192.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

443

Business Type

Corporation

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79719.68

Forgiveness Date

04/23/2021

;