# PPP loan: REDWOOD PRODUCTS OF CHINO, INC. DBA REDW OOD PRODUCTS RANCHO
> **$350K** approved 05/01/2020 · Paid in Full · Loan `2041857705`
## Borrower
- **Name:** REDWOOD PRODUCTS OF CHINO, INC. DBA REDW OOD PRODUCTS RANCHO
- **Address:** 7490 Jurupa Ave., RIVERSIDE, CA, 92504
- **NAICS:** —
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $355K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $317K
- **Rent:** $14K
- **Mortgage interest:** $9K
- **Utilities:** $10K
- **Debt interest:** $2K
- **Jobs reported:** 35
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*