# PPP loan: RED MOUNTAIN LIGHTING & ENERGY INC
> **$227K** approved 02/03/2021 · Paid in Full · Loan `2705518403`
## Borrower
- **Name:** RED MOUNTAIN LIGHTING & ENERGY INC
- **Address:** 5402 S 40th St, Phoenix, AZ, 85040-3919
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $231K (102%)
- **Forgiveness date:** 03/09/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $227K
- **Jobs reported:** 25
## Lender
- **Originating:** Northeast 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*