PPP Loan information for Redwood residential inc

$85,000

Redwood residential inc was initially approved for PPP Loan of amount $85,000, the current approved amount is $85,000. The loan was approved on 04/10/2020 by The South Atlantic Bank reported 12 jobs and $85,000 was used to fund payroll.

Redwood residential inc is Change of Ownership

PPP Loan Search / SC / JOHNS ISLAND / Redwood residential inc

REDWOOD RESIDENTIAL INC

Date Approved

04/10/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

REDWOOD RESIDENTIAL INC

Borrower Address

1495 HEADQUARTERS PLANTATION DR

Borrower City

JOHNS ISLAND

Borrower State

SC

Borrower Zip

29455-3120

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85000.00

Current Approval Amount

85000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

452235

Servicing Lender Name

South Atlantic Bank

Servicing Lender Address

630 29th Ave N

Servicing Lender City

MYRTLE BEACH

Servicing Lender State

SC

Servicing Lender Zip

29577-3169

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Change of Ownership

Project City

JOHNS ISLAND

Project County Name

CHARLESTON

Project State

SC

Project Zip

29455-3120

CD

SC-01

Jobs Reported

12

NAICS Code

531110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85000.00

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

452235

Originating Lender

South Atlantic Bank

Originating Lender City

MYRTLE BEACH

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85779.17

Forgiveness Date

03/10/2021

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