# PPP loan: RED OAK MANAGEMENT CO., INC.
> **$254K** approved 04/14/2020 · Paid in Full · Loan `7563327100`
## Borrower
- **Name:** RED OAK MANAGEMENT CO., INC.
- **Address:** 25 W BEECH ST. PO BOX 799, CEDAR SPRINGS, MI, 49319-5107
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Jobs reported:** 75
## Lender
- **Originating:** Independent Bank
- **Servicing:** Independent Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*