# PPP loan: REDHORSE CORPORATION
> **$7.25M** approved 04/04/2020 · Paid in Full · Loan `4834727003`
## Borrower
- **Name:** REDHORSE CORPORATION
- **Address:** 1370 INDIA STREET #200, SAN DIEGO, CA, 92101-3418
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.25M
- **Initial approval:** $7.25M
- **Forgiven:** $7.34M (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.02M
- **Mortgage interest:** $225K
- **Utilities:** $10K
- **Jobs reported:** 250
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*