# PPP loan: REDS OF FAYETTEVILLE, LLC
> **$151K** approved 04/28/2020 · Paid in Full · Loan `9269517205`
## Borrower
- **Name:** REDS OF FAYETTEVILLE, LLC
- **Address:** 3037 BOONE TRAIL EXT, FAYETTEVILLE, NC, 28304-3859
- **NAICS:** 812199
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $113K
- **Rent:** $19K
- **Utilities:** $19K
- **Jobs reported:** 38
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*