# PPP loan: RED HOT & BLUE LLC
> **$489K** approved 04/06/2021 · Exemption 4 · Loan `7340288710`
## Borrower
- **Name:** RED HOT & BLUE LLC
- **Address:** 154 Charlois Blvd Ste B, Winston Salem, NC, 27103-1565
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $489K
- **Initial approval:** $489K
- **Forgiven:** $306K (63%)
- **Forgiveness date:** 04/06/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $489K
- **Utilities:** $1
- **Jobs reported:** 5
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*