# PPP loan: RED KITE, LLC
> **$199K** approved 04/28/2020 · Paid in Full · Loan `1604267302`
## Borrower
- **Name:** RED KITE, LLC
- **Address:** 3505 N ASHLAND AVE, Unit B, CHICAGO, IL, 60657
- **NAICS:** 541618
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $166K (84%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $139K
- **Rent:** $30K
- **Utilities:** $10K
- **Health care:** $20K
- **Jobs reported:** 4
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*