# PPP loan: RED HED OIL CO
> **$713K** approved 02/19/2021 · Paid in Full · Loan `1511458504`
## Borrower
- **Name:** RED HED OIL CO
- **Address:** 109 5th St, Richmond, KY, 40475-1337
- **NAICS:** 447110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $713K
- **Initial approval:** $713K
- **Forgiven:** $722K (101%)
- **Forgiveness date:** 06/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $713K
- **Utilities:** $1
- **Jobs reported:** 130
## Lender
- **Originating:** Stock Yards Bank & Trust Company
- **Servicing:** Stock Yards Bank & Trust Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*