# PPP loan: REDEEMERS GROUP INC
> **$512K** approved 03/29/2021 · Paid in Full · Loan `2531968702`
## Borrower
- **Name:** REDEEMERS GROUP INC
- **Address:** 3955 Whitebrook Dr, Memphis, TN, 38118-3745
- **NAICS:** 236118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $512K
- **Initial approval:** $512K
- **Forgiven:** $517K (101%)
- **Forgiveness date:** 03/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $512K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*