PPP Loan information for Ren's welding & fabrication

$538,013

Ren's welding & fabrication was initially approved for PPP Loan of amount $538,013, the current approved amount is $538,013. The loan was approved on 04/08/2020 by The Eastern Bank reported 18 jobs and $538,013 was used to fund payroll.

Ren's welding & fabrication is Existing or more than 2 years old

REN'S WELDING & FABRICATION

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

REN'S WELDING & FABRICATION

Borrower Address

988 CRANE AVE

Borrower City

TAUNTON

Borrower State

MA

Borrower Zip

02780-1244

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

538012.50

Current Approval Amount

538012.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TAUNTON

Project County Name

BRISTOL

Project State

MA

Project Zip

02780-1244

CD

MA-04

Jobs Reported

18

NAICS Code

811310

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

538012.50

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

Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

543885.80

Forgiveness Date

05/21/2021

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