# PPP loan: RED STICK ENTERTAINMENT CONCEPTS LLC
> **$362K** approved 03/30/2021 · Charged Off · Loan `2611628705`
## Borrower
- **Name:** RED STICK ENTERTAINMENT CONCEPTS LLC
- **Address:** 1503 Government St, Baton Rouge, LA, 70802-4051
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $362K
- **Initial approval:** $362K
- **Forgiven:** $316K (87%)
- **Forgiveness date:** 01/25/2023
- **Status:** Charged Off
- **Term:** 33 months
## Use of funds
- **Payroll:** $362K
- **Utilities:** $1
- **Jobs reported:** 100
## Lender
- **Originating:** b1BANK
- **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*