# PPP loan: RED INDUSTRIES, LLC
> **$154K** approved 04/10/2020 · Paid in Full · Loan `1248687106`
## Borrower
- **Name:** RED INDUSTRIES, LLC
- **Address:** 1236 Industrial Ave Suite 107, GASTONIA, NC, 28054-4629
- **NAICS:** 337110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $531K
- **Forgiven:** $157K (102%)
- **Forgiveness date:** 01/28/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Jobs reported:** 20
## Lender
- **Originating:** Dogwood State Bank
- **Servicing:** Dogwood State Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*