5 RED HOLDINGS LLC (MD) - 2020 PPP Loan Borrower Profile (# 4942787105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 5 RED HOLDINGS LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Maryland.

Loan Detail

Loan Number

4942787105

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$30,400

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$30,699.78

Date Loan was Forgiven

Apr 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

30,400

Lender

Truist Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

561710

Borrower Location

ESSEX, MD

Project Location

ESSEX, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.