# PPP loan: RED BANK VOLVO INC.
> **$470K** approved 04/15/2020 · Paid in Full · Loan `1343767202`
## Borrower
- **Name:** RED BANK VOLVO INC.
- **Address:** 100 NEWMAN SPRINGS RD E, RED BANK, NJ, 07701-1517
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $470K
- **Initial approval:** $470K
- **Forgiven:** $475K (101%)
- **Forgiveness date:** 04/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $470K
- **Jobs reported:** 39
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*