PPP Loan information for Rene's industries inc.

$711,262

Rene's industries inc. was initially approved for PPP Loan of amount $711,262, the current approved amount is $711,262. The loan was approved on 04/07/2020 by The The First Bank reported 53 jobs and $711,262 was used to fund payroll.

Rene's industries inc. is Existing or more than 2 years old

RENE'S INDUSTRIES INC.

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

RENE'S INDUSTRIES INC.

Borrower Address

6970 HIGHWAY 70 NORTH

Borrower City

BELLE ROSE

Borrower State

LA

Borrower Zip

70341-5718

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

711262.00

Current Approval Amount

711262.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BELLE ROSE

Project County Name

ASSUMPTION

Project State

LA

Project Zip

70341-5718

CD

LA-02

Jobs Reported

53

NAICS Code

484220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

650262.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

Debt Interest Proceed

20000

Business Type

Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

717189.18

Forgiveness Date

02/11/2021

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