# PPP loan: RUELCO INC.
> **$563K** approved 02/05/2021 · Paid in Full · Loan `3850878407`
## Borrower
- **Name:** RUELCO INC.
- **Address:** 1209 Distributors Row, Harahan, LA, 70123-2213
- **NAICS:** 334513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $563K
- **Initial approval:** $563K
- **Forgiven:** $566K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $563K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*