PPP Loan information for Rex lumber company

$2,881,510

Rex lumber company was initially approved for PPP Loan of amount $2,881,510, the current approved amount is $2,881,510. The loan was approved on 04/06/2020 by The Eastern Bank reported 223 jobs and $2,881,510 was used to fund payroll.

Rex lumber company is New Business or 2 years or less

PPP Loan Search / MA / ACTON / Rex lumber company

REX LUMBER COMPANY

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

REX LUMBER COMPANY

Borrower Address

840 MAIN ST

Borrower City

ACTON

Borrower State

MA

Borrower Zip

01720-5804

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2881510.00

Current Approval Amount

2881510.00

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

New Business or 2 years or less

Project City

ACTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01720-5804

CD

MA-03

Jobs Reported

223

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2881510.00

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

Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2920090.22

Forgiveness Date

08/10/2021

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