# PPP loan: REDSTONE AMERICAN GRILL, INC.
> **$4.84M** approved 04/08/2020 · Paid in Full · Loan `8097307003`
## Borrower
- **Name:** REDSTONE AMERICAN GRILL, INC.
- **Address:** 7636 EXECUTIVE DR, EDEN PRAIRIE, MN, 55344-3677
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.84M
- **Initial approval:** $4.84M
- **Forgiven:** $4.89M (101%)
- **Forgiveness date:** 04/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.63M
- **Rent:** $968K
- **Utilities:** $242K
- **Jobs reported:** 500
## Lender
- **Originating:** Tradition Capital Bank
- **Servicing:** Tradition Capital Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*