# PPP loan: REDFLEX TRAFFIC SYSTEMS, INC.
> **$2.93M** approved 04/10/2020 · Paid in Full · Loan `2450977108`
## Borrower
- **Name:** REDFLEX TRAFFIC SYSTEMS, INC.
- **Address:** 5651 W Talavi Blvd, Suite 200, GLENDALE, AZ, 85306-0700
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.93M
- **Initial approval:** $2.93M
- **Forgiven:** $3.01M (102%)
- **Forgiveness date:** 09/22/2022
- **Status:** Paid in Full
- **Term:** 29 months
## Use of funds
- **Payroll:** $2.48M
- **Rent:** $273K
- **Utilities:** $181K
- **Jobs reported:** 168
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*