# PPP loan: REDMON'S VILLAGE TOWING, INC.
> **$389K** approved 01/16/2021 · Paid in Full · Loan `1101248301`
## Borrower
- **Name:** REDMON'S VILLAGE TOWING, INC.
- **Address:** 1323 Rodenburg Rd, Schaumburg, IL, 60193-3527
- **NAICS:** 488410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $389K
- **Initial approval:** $389K
- **Forgiven:** $393K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $389K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** Heritage Bank of Schaumburg
- **Servicing:** Heritage Bank of Schaumburg (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*