# PPP loan: R.R. LEDUC CORPORATION INC.
> **$642K** approved 01/25/2021 · Paid in Full · Loan `5563988303`
## Borrower
- **Name:** R.R. LEDUC CORPORATION INC.
- **Address:** 100 Bobala Rd, Holyoke, MA, 01040-9657
- **NAICS:** 332312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $642K
- **Initial approval:** $642K
- **Forgiven:** $645K (100%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $642K
- **Utilities:** $1
- **Jobs reported:** 47
## Lender
- **Originating:** PeoplesBank
- **Servicing:** PeoplesBank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*