# PPP loan: RED CAP ACOUSTICS, INC.
> **$205K** approved 03/02/2021 · Paid in Full · Loan `6109458509`
## Borrower
- **Name:** RED CAP ACOUSTICS, INC.
- **Address:** 5880 W Oquendo Rd, Las Vegas, NV, 89118-2729
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $206K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $205K
- **Jobs reported:** 12
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*