PPP Loan information for Rydemore heavy duty truck parts inc

$474,720

Rydemore heavy duty truck parts inc was initially approved for PPP Loan of amount $474,720, the current approved amount is $474,720. The loan was approved on 02/06/2021 by The Needham Bank reported 32 jobs and $474,720 was used to fund payroll.

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

RYDEMORE HEAVY DUTY TRUCK PARTS INC

Date Approved

02/06/2021

SBA Office Code

0101

Processing Method

PPS

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

08/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

474720.00

Current Approval Amount

474720.00

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

32

NAICS Code

423140

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

474714.00

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

476552.95

Forgiveness Date

07/21/2021

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