PPP Loan information for Ware rite distributors inc

$542,535

Ware rite distributors inc was initially approved for PPP Loan of amount $542,535, the current approved amount is $542,535. The loan was approved on 01/23/2021 by The Fall River Five Cents Savings Bank d/b/a BankFive reported 50 jobs and $542,535 was used to fund payroll.

Ware rite distributors inc is Existing or more than 2 years old

WARE RITE DISTRIBUTORS INC

Date Approved

01/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

WARE RITE DISTRIBUTORS INC

Borrower Address

40 Industrial Drive East Bridgewater MA USA

Borrower City

East Bridgewater

Borrower State

MA

Borrower Zip

02333

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

542535.00

Current Approval Amount

542535.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32792

Servicing Lender Name

Fall River Five Cents Savings Bank d/b/a BankFive

Servicing Lender Address

79 N Main St

Servicing Lender City

FALL RIVER

Servicing Lender State

MA

Servicing Lender Zip

02720-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Bridgewater

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02333

CD

MA-08

Jobs Reported

50

NAICS Code

337110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

542533.00

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

32792

Originating Lender

Fall River Five Cents Savings Bank d/b/a BankFive

Originating Lender City

FALL RIVER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

545032.15

Forgiveness Date

07/16/2021

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