# PPP loan: REDICO INC
> **$316K** approved 04/27/2020 · Paid in Full · Loan `3869037210`
## Borrower
- **Name:** REDICO INC
- **Address:** 1850 S LEE CT, BUFORD, GA, 30518-6094
- **NAICS:** 423740
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $302K (96%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $316K
- **Jobs reported:** 1
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*