# PPP loan: RED DOT DESIGN, LLC
> **$153K** approved 04/13/2020 · Paid in Full · Loan `4937897109`
## Borrower
- **Name:** RED DOT DESIGN, LLC
- **Address:** 112 5TH ST, WEST DES MOINES, IA, 50265-4716
- **NAICS:** 541810
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $154K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $115K
- **Rent:** $38K
- **Jobs reported:** 10
## Lender
- **Originating:** Midwest Heritage Bank, F.S.B.
- **Servicing:** Midwest Heritage Bank, F.S.B. (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*