# PPP loan: RUSSOM'S REDSTONE, INC.
> **$419K** approved 04/28/2020 · Paid in Full · Loan `1486317302`
## Borrower
- **Name:** RUSSOM'S REDSTONE, INC.
- **Address:** 655 N EASTERN BLVD, MONTGOMERY, AL, 36117-2215
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $419K
- **Initial approval:** $419K
- **Forgiven:** $424K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $417K
- **Rent:** $1K
- **Utilities:** $1K
- **Jobs reported:** 34
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*