# PPP loan: RED PAYMENTS LLC
> **$164K** approved 04/27/2020 · Paid in Full · Loan `5671997209`
## Borrower
- **Name:** RED PAYMENTS LLC
- **Address:** 132 west 36th street 3rd Floor, NEW YORK, NY, 10018-6903
- **NAICS:** 541613
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $131K
- **Rent:** $13K
- **Utilities:** $8K
- **Health care:** $11K
- **Jobs reported:** 22
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*