# PPP loan: WARE RITE DISTRIBUTORS INC
> **$543K** approved 01/23/2021 · Paid in Full · Loan `4961638304`
## Borrower
- **Name:** WARE RITE DISTRIBUTORS INC
- **Address:** 40 Industrial Drive East Bridgewater MA USA, East Bridgewater, MA, 02333
- **NAICS:** 337110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $543K
- **Initial approval:** $543K
- **Forgiven:** $545K (100%)
- **Forgiveness date:** 07/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $543K
- **Utilities:** $1
- **Jobs reported:** 50
## Lender
- **Originating:** Fall River Five Cents Savings Bank d/b/a BankFive
- **Servicing:** Fall River Five Cents Savings Bank d/b/a BankFive (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*