# PPP loan: REDA INC
> **$181K** approved 04/27/2020 · Paid in Full · Loan `5780567208`
## Borrower
- **Name:** REDA INC
- **Address:** 2000 Pelham Parkway, PELHAM, AL, 35124-1177
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $183K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $181K
- **Jobs reported:** 45
## Lender
- **Originating:** SouthPoint Bank
- **Servicing:** SouthPoint Bank (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*