# PPP loan: REDPOINT GLOBAL INC.
> **$2.81M** approved 04/13/2020 · Paid in Full · Loan `4392087101`
## Borrower
- **Name:** REDPOINT GLOBAL INC.
- **Address:** 36 Washington St, Suite 120, Wellesley Hills, MA, 02481-1900
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.81M
- **Initial approval:** $2.81M
- **Forgiven:** $2.85M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.38M
- **Rent:** $36K
- **Utilities:** $9K
- **Health care:** $190K
- **Debt interest:** $195K
- **Jobs reported:** 112
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Blue Ridge Bank, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*