# PPP loan: REDWOOD ELECTRIC GROUP, INC.
> **$4.02M** approved 05/01/2020 · Exemption 4 · Loan `9988907701`
## Borrower
- **Name:** REDWOOD ELECTRIC GROUP, INC.
- **Address:** 2775 NORTHWESTERN PKWY, SANTA CLARA, CA, 95051-0601
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.02M
- **Initial approval:** $4.02M
- **Status:** Exemption 4
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.02M
- **Jobs reported:** 243
## Lender
- **Originating:** US Bank National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*