PPP Loan information for Redwoods management inc

$69,727

Redwoods management inc was initially approved for PPP Loan of amount $35,005, the current approved amount is $69,727. The loan was approved on 04/08/2020 by The Machias Savings Bank reported 14 jobs and $69,727 was used to fund payroll.

Redwoods management inc is Existing or more than 2 years old

PPP Loan Search / ME / OGUNQUIT / Redwoods management inc

REDWOODS MANAGEMENT INC

Date Approved

04/08/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

REDWOODS MANAGEMENT INC

Borrower Address

548 Main Street

Borrower City

OGUNQUIT

Borrower State

ME

Borrower Zip

03907-3212

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35005.00

Current Approval Amount

69727.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OGUNQUIT

Project County Name

YORK

Project State

ME

Project Zip

03907-3212

CD

ME-01

Jobs Reported

14

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

69727.00

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

Subchapter S Corporation

Originating Lender Location Id

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70238.33

Forgiveness Date

01/07/2021

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