# PPP loan: REDWOOD INC.
> **$322K** approved 01/21/2021 · Paid in Full · Loan `2931908302`
## Borrower
- **Name:** REDWOOD INC.
- **Address:** 3280 Trillium Ln, Oxford, MI, 48371-5528
- **NAICS:** 624120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $322K
- **Initial approval:** $322K
- **Forgiven:** $324K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $322K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Oxford Bank
- **Servicing:** Oxford Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*