# PPP loan: RED CLAY INDUSTRIES, INC
> **$893K** approved 04/08/2020 · Paid in Full · Loan `7745997005`
## Borrower
- **Name:** RED CLAY INDUSTRIES, INC
- **Address:** 10306 Industrial Drive, PINEVILLE, NC, 28134-6518
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $893K
- **Initial approval:** $893K
- **Forgiven:** $903K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $893K
- **Jobs reported:** 68
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*