PPP Loan information for Renascent, inc

$2,860,500

Renascent, inc was initially approved for PPP Loan of amount $2,860,500, the current approved amount is $2,860,500. The loan was approved on 04/12/2020 by The STAR Financial Bank reported 150 jobs and $2,860,500 was used to fund payroll.

Renascent, inc is Existing or more than 2 years old

PPP Loan Search / IN / INDIANAPOLIS / Renascent, inc

RENASCENT, INC

Date Approved

04/12/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RENASCENT, INC

Borrower Address

935 W Troy Ave

Borrower City

INDIANAPOLIS

Borrower State

IN

Borrower Zip

46225-2243

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2860500.00

Current Approval Amount

2860500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24398

Servicing Lender Name

STAR Financial Bank

Servicing Lender Address

127 W Berry St

Servicing Lender City

FORT WAYNE

Servicing Lender State

IN

Servicing Lender Zip

46802-2315

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

INDIANAPOLIS

Project County Name

MARION

Project State

IN

Project Zip

46225-2243

CD

IN-06

Jobs Reported

150

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

31293.00

Payroll Proceed

2781253.00

Mortgage Interest Proceed

0.00

Rent Proceed

47954.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24398

Originating Lender

STAR Financial Bank

Originating Lender City

FORT WAYNE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2900703.74

Forgiveness Date

09/17/2021

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