# PPP loan: RED DRUM, MP, LLC
> **$490K** approved 01/26/2021 · Paid in Full · Loan `6200158307`
## Borrower
- **Name:** RED DRUM, MP, LLC
- **Address:** 803 Coleman Blvd, Mount Pleasant, SC, 29464-4021
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $490K
- **Initial approval:** $490K
- **Forgiven:** $495K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $490K
- **Jobs reported:** 57
## 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*