# PPP loan: CM RED LLC
> **$344K** approved 04/28/2020 · Paid in Full · Loan `7378127206`
## Borrower
- **Name:** CM RED LLC
- **Address:** 700 SUMMER MUSIC LN, RALEIGH, NC, 27603-3695
- **NAICS:** 238990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $344K
- **Initial approval:** $344K
- **Forgiven:** $347K (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $344K
- **Jobs reported:** 36
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*