PPP Loan information for Renascent inc.

$2,000,000

Renascent inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/23/2021 by The STAR Financial Bank reported 147 jobs and $2,000,000 was used to fund payroll.

Renascent inc. is Existing or more than 2 years old

RENASCENT INC.

Date Approved

01/23/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

RENASCENT INC.

Borrower Address

935 W Troy Ave

Borrower City

Indianapolis

Borrower State

IN

Borrower Zip

46225-2243

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

147

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999995.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

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

2019452.05

Forgiveness Date

01/19/2022

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