# PPP loan: REDSTONE DISTRIBUTION SERVICES
> **$486K** approved 04/03/2020 · Paid in Full · Loan `4478757004`
## Borrower
- **Name:** REDSTONE DISTRIBUTION SERVICES
- **Address:** 3151 HALIFAX ST #140, DALLAS, TX, 75247-6013
- **NAICS:** 454390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $486K
- **Initial approval:** $486K
- **Forgiven:** $489K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $433K
- **Rent:** $28K
- **Utilities:** $1K
- **Health care:** $24K
- **Jobs reported:** 28
## Lender
- **Originating:** Texas Security Bank
- **Servicing:** Texas Security Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*