# PPP loan: REDOX POWER SYSTEMS LLC
> **$322K** approved 01/27/2021 · Paid in Full · Loan `7103248302`
## Borrower
- **Name:** REDOX POWER SYSTEMS LLC
- **Address:** 10747 Tucker St Ste C, Beltsville, MD, 20705-2219
- **NAICS:** 221122
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $322K
- **Initial approval:** $322K
- **Forgiven:** $324K (101%)
- **Forgiveness date:** 09/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $322K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*