PPP Loan information for Rydemore heavy duty truck parts, inc.

$481,500

Rydemore heavy duty truck parts, inc. was initially approved for PPP Loan of amount $393,500, the current approved amount is $481,500. The loan was approved on 04/06/2020 by The Needham Bank reported 40 jobs and $481,500 was used to fund payroll.

Rydemore heavy duty truck parts, inc. is Existing or more than 2 years old

PPP Loan Search / MA / FITCHBURG / Rydemore heavy duty truck parts, inc.

RYDEMORE HEAVY DUTY TRUCK PARTS, INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RYDEMORE HEAVY DUTY TRUCK PARTS, INC.

Borrower Address

88 BENSON ST

Borrower City

FITCHBURG

Borrower State

MA

Borrower Zip

01420-6502

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

393500.00

Current Approval Amount

481500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FITCHBURG

Project County Name

WORCESTER

Project State

MA

Project Zip

01420-6502

CD

MA-03

Jobs Reported

40

NAICS Code

423140

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

481500.00

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

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

484710.00

Forgiveness Date

12/31/2020

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