# PPP loan: RED EWALD, LLC
> **$228K** approved 04/04/2020 · Paid in Full · Loan `5014647002`
## Borrower
- **Name:** RED EWALD, LLC
- **Address:** 2669 US Hwy 181, KARNES CITY, TX, 78118
- **NAICS:** 339999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $230K (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 38
## Lender
- **Originating:** Sage Capital Bank
- **Servicing:** Sage Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*