# PPP loan: RED MOUNTAIN THEATRE COMPANY INC.
> **$283K** approved 03/01/2021 · Paid in Full · Loan `5637158501`
## Borrower
- **Name:** RED MOUNTAIN THEATRE COMPANY INC.
- **Address:** 2130 Highland Ave S, Birmingham, AL, 35205-4002
- **NAICS:** 711110
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $283K
- **Initial approval:** $283K
- **Forgiven:** $286K (101%)
- **Forgiveness date:** 02/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $283K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*