# PPP loan: REDWOOD MORTGAGE CORP
> **$530K** approved 04/28/2020 · Paid in Full · Loan `9019477203`
## Borrower
- **Name:** REDWOOD MORTGAGE CORP
- **Address:** 177 BOVET RD STE 520, SAN MATEO, CA, 94402-3144
- **NAICS:** 522390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $530K
- **Initial approval:** $530K
- **Forgiven:** $536K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $419K
- **Rent:** $56K
- **Health care:** $55K
- **Jobs reported:** 21
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*