# PPP loan: REX LUMBER COMPANY
> **$2.88M** approved 04/06/2020 · Paid in Full · Loan `6263967010`
## Borrower
- **Name:** REX LUMBER COMPANY
- **Address:** 840 MAIN ST, ACTON, MA, 01720-5804
- **NAICS:** 423310
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.88M
- **Initial approval:** $2.88M
- **Forgiven:** $2.92M (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.88M
- **Jobs reported:** 223
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*