PPP Loan information for Redox power systems, llc

$322,080

Redox power systems, llc was initially approved for PPP Loan of amount $322,080, the current approved amount is $322,080. The loan was approved on 04/11/2020 by The Sandy Spring Bank reported 19 jobs and $322,080 was used to fund payroll.

Redox power systems, llc is Existing or more than 2 years old

PPP Loan Search / MD / BELTSVILLE / Redox power systems, llc

REDOX POWER SYSTEMS, LLC

Date Approved

04/11/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

REDOX POWER SYSTEMS, LLC

Borrower Address

10747 Tucker Street Unit C

Borrower City

BELTSVILLE

Borrower State

MD

Borrower Zip

20705-2208

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

322080.00

Current Approval Amount

322080.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BELTSVILLE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20705-2208

CD

MD-04

Jobs Reported

19

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

322080.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

325433.16

Forgiveness Date

05/10/2021

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