# PPP loan: R.E.D. TECHNOLOGIES LLC
> **$500K** approved 05/18/2021 · Paid in Full · Loan `2688529007`
## Borrower
- **Name:** R.E.D. TECHNOLOGIES LLC
- **Address:** 10 Northwood Dr, Bloomfield, CT, 06002-1911
- **NAICS:** 562910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $503K (101%)
- **Forgiveness date:** 01/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $500K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** New Haven Bank
- **Servicing:** New Haven Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*