PPP Loan information for Warerite distributors inc

$542,500

Warerite distributors inc was initially approved for PPP Loan of amount $728,100, the current approved amount is $542,500. The loan was approved on 04/04/2020 by The Fall River Five Cents Savings Bank d/b/a BankFive reported 48 jobs and $542,500 was used to fund payroll.

Warerite distributors inc is Existing or more than 2 years old

PPP Loan Search / MA / EAST BRIDGEWATER / Warerite distributors inc

WARERITE DISTRIBUTORS INC

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WARERITE DISTRIBUTORS INC

Borrower Address

40 Industrisl Drive

Borrower City

EAST BRIDGEWATER

Borrower State

MA

Borrower Zip

02333-1680

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

728100.00

Current Approval Amount

542500.00

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

02333-1680

CD

MA-08

Jobs Reported

48

NAICS Code

337110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

542500.00

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

545517.19

Forgiveness Date

11/03/2020

;