# PPP loan: REDCO FOODSERVICE EQUIPMENT, LLC
> **$235K** approved 04/06/2020 · Paid in Full · Loan `6400087003`
## Borrower
- **Name:** REDCO FOODSERVICE EQUIPMENT, LLC
- **Address:** 5145 S EMMER DR, NEW BERLIN, WI, 53151-7362
- **NAICS:** 238220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $236K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $235K
- **Jobs reported:** 16
## Lender
- **Originating:** Farmers & Merchants Savings Bank
- **Servicing:** Farmers & Merchants Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*