PPP Loan information for Redtrace technologies inc.

$106,172

Redtrace technologies inc. was initially approved for PPP Loan of amount $106,172, the current approved amount is $106,172. The loan was approved on 01/23/2021 by The Manufacturers and Traders Trust Company reported 8 jobs and $106,172 was used to fund payroll.

Redtrace technologies inc. is Existing or more than 2 years old

PPP Loan Search / MD / Bowie / Redtrace technologies inc.

REDTRACE TECHNOLOGIES INC.

Date Approved

01/23/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

REDTRACE TECHNOLOGIES INC.

Borrower Address

4512 Cedar Reach Ln

Borrower City

Bowie

Borrower State

MD

Borrower Zip

20720-5811

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

106172.00

Current Approval Amount

106172.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bowie

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20720-5811

CD

MD-05

Jobs Reported

8

NAICS Code

541511

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

106168.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

107070.83

Forgiveness Date

12/09/2021

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