Red Cedar Gathering Co

$2,757,718 PPP Loan in Durango, Colorado

Loan Details

Loan Number
2953837201
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$2,757,718
Current Approval
$2,757,718
Forgiveness Amount
$2,799,084
Forgiveness Date
Oct 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Red Cedar Gathering Co
Address
125 Mercado St Ste 201
ZIP Code
81301
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (486210)
Business Age
Existing or more than 2 years old
Jobs Reported
105
Estimated Revenue
$26.6M
Rural/Urban
Rural
Congressional District
CO-03

Loan Use Breakdown

Payroll
$2,068,289
Utilities
$344,715
Mortgage Interest
$344,715

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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