PPP Loan information for Rred corporation

$119,400

Rred corporation was initially approved for PPP Loan of amount $119,491, the current approved amount is $119,400. The loan was approved on 04/27/2020 by The Broadway National Bank reported 18 jobs and $119,400 was used to fund payroll.

Rred corporation is New Business or 2 years or less

RRED CORPORATION

Date Approved

04/27/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

RRED CORPORATION

Borrower Address

8511 River Road

Borrower City

New Braunfels

Borrower State

TX

Borrower Zip

78132

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119491.00

Current Approval Amount

119400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71727

Servicing Lender Name

Broadway National Bank

Servicing Lender Address

1177 NE Loop 410

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78209-1517

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

New Braunfels

Project County Name

COMAL

Project State

TX

Project Zip

78132-0002

CD

TX-21

Jobs Reported

18

NAICS Code

531190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

119400.00

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

71727

Originating Lender

Broadway National Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120736.62

Forgiveness Date

06/09/2021

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