# PPP loan: RED CAP ACOUSTICS, INC
> **$237K** approved 08/03/2020 · Paid in Full · Loan `2964728205`
## Borrower
- **Name:** RED CAP ACOUSTICS, INC
- **Address:** OQUENDO RD 5880 W Oquendo Rd, LAS VEGAS, NV, 89118-2729
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $237K
- **Jobs reported:** 12
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*