# PPP loan: REDSTONE HOMES, LLC
> **$280K** approved 04/10/2020 · Paid in Full · Loan `1985997105`
## Borrower
- **Name:** REDSTONE HOMES, LLC
- **Address:** 3330 GRAND RIDGE DR NE, GRAND RAPIDS, MI, 49525-7033
- **NAICS:** 236117
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $252K
- **Health care:** $28K
- **Jobs reported:** 19
## Lender
- **Originating:** United Bank of Michigan
- **Servicing:** United Bank of Michigan (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*