# PPP loan: RED ARROW ROADHOUSE CORPORATION
> **$210K** approved 04/13/2020 · Paid in Full · Loan `4302147103`
## Borrower
- **Name:** RED ARROW ROADHOUSE CORPORATION
- **Address:** 15710 Red Arrow Hwy P.O. Box 247, UNION PIER, MI, 49129-9708
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $210K
- **Initial approval:** $210K
- **Forgiven:** $212K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $168K
- **Mortgage interest:** $21K
- **Utilities:** $21K
- **Jobs reported:** 32
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*