# PPP loan: RED OAK BREWERY LLC
> **$534K** approved 02/20/2021 · Paid in Full · Loan `2238328503`
## Borrower
- **Name:** RED OAK BREWERY LLC
- **Address:** 6901 Konica Dr, Whitsett, NC, 27377-9787
- **NAICS:** 312120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $534K
- **Initial approval:** $534K
- **Forgiven:** $539K (101%)
- **Forgiveness date:** 03/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $533K
- **Utilities:** $1
- **Jobs reported:** 80
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*