Red Hot Spas, Inc.

$524,697 PPP Loan in Indian Trail, North Carolina

Loan Details

Loan Number
3289397108
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$524,697
Current Approval
$524,697
Forgiveness Amount
$531,827
Forgiveness Date
Aug 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Red Hot Spas, Inc.
Address
4218 Old Monroe Rd
ZIP Code
28079-3603
Business Type
Corporation
Industry (NAICS)
Retail Trade (453998)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$5.2M
Rural/Urban
Urban
Congressional District
NC-08

Loan Use Breakdown

Payroll
$524,697

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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