# PPP loan: REDMON GROUP INC
> **$263K** approved 04/16/2020 · Exemption 4 · Loan `2350277200`
## Borrower
- **Name:** REDMON GROUP INC
- **Address:** 211 N UNION ST, ALEXANDRIA, VA, 22314-2664
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $259K (98%)
- **Forgiveness date:** 09/10/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $263K
- **Jobs reported:** 13
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*