PPP Loan information for Redstone materials inc

$70,552

Redstone materials inc was initially approved for PPP Loan of amount $70,552, the current approved amount is $70,552. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 30 jobs and $70,552 was used to fund payroll.

Redstone materials inc is New Business or 2 years or less

REDSTONE MATERIALS INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

REDSTONE MATERIALS INC

Borrower Address

4817 E FORK LN

Borrower City

MONROE

Borrower State

NC

Borrower Zip

28110-0437

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70552.00

Current Approval Amount

70552.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MONROE

Project County Name

UNION

Project State

NC

Project Zip

28110-0437

CD

NC-08

Jobs Reported

30

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70552.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71129.95

Forgiveness Date

02/25/2021

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