PPP Loan information for Redwood express inc

$288,705

Redwood express inc was initially approved for PPP Loan of amount $288,705, the current approved amount is $288,705. The loan was approved on 05/04/2020 by The Forbright Bank reported 58 jobs and $288,705 was used to fund payroll.

Redwood express inc is New Business or 2 years or less

PPP Loan Search / NJ / FAIRFIELD / Redwood express inc

REDWOOD EXPRESS INC

Date Approved

05/04/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

REDWOOD EXPRESS INC

Borrower Address

4 SPERRY ROAD

Borrower City

FAIRFIELD

Borrower State

NJ

Borrower Zip

07004-2016

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

288705.00

Current Approval Amount

288705.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FAIRFIELD

Project County Name

ESSEX

Project State

NJ

Project Zip

07004-2016

CD

NJ-11

Jobs Reported

58

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

288705.00

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

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

292514.30

Forgiveness Date

08/25/2021

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