# PPP loan: RED TRAIL ENERGY, LLC
> **$873K** approved 04/06/2020 · Paid in Full · Loan `5887257002`
## Borrower
- **Name:** RED TRAIL ENERGY, LLC
- **Address:** 3652 HIGHWAY 8, RICHARDTON, ND, 58652-9365
- **NAICS:** 325193
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $873K
- **Initial approval:** $873K
- **Forgiven:** $880K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $873K
- **Jobs reported:** 47
## Lender
- **Originating:** Cornerstone Bank
- **Servicing:** Cornerstone Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*