# PPP loan: REDWOOD EXPRESS INC
> **$289K** approved 05/04/2020 · Paid in Full · Loan `1505247410`
## Borrower
- **Name:** REDWOOD EXPRESS INC
- **Address:** 4 SPERRY ROAD, FAIRFIELD, NJ, 07004-2016
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $293K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $289K
- **Jobs reported:** 58
## Lender
- **Originating:** Forbright Bank
- **Servicing:** Forbright Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*