# PPP loan: RED AND BLACK CONSTRUCTION, INC.
> **$170K** approved 04/28/2020 · Paid in Full · Loan `1400847308`
## Borrower
- **Name:** RED AND BLACK CONSTRUCTION, INC.
- **Address:** 3141 TIGER RUN COURT SUITE 106, CARLSBAD, CA, 92010-6706
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $169K (99%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $162K
- **Rent:** $5K
- **Utilities:** $3K
- **Debt interest:** $200
- **Jobs reported:** 12
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*