# PPP loan: REDEMPTION SERVICES INC
> **$153K** approved 01/25/2021 · Paid in Full · Loan `5125738309`
## Borrower
- **Name:** REDEMPTION SERVICES INC
- **Address:** 424 Bentwood Dr, Spring Branch, TX, 78070-6039
- **NAICS:** 238160
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 05/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $153K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*