# PPP loan: SPRING REBUILDERS, INC.
> **$303K** approved 04/28/2020 · Paid in Full · Loan `6429307208`
## Borrower
- **Name:** SPRING REBUILDERS, INC.
- **Address:** 111 Southwest Cutoff, Worcester, MA, 01604
- **NAICS:** 488490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $303K
- **Initial approval:** $303K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $243K
- **Rent:** $18K
- **Utilities:** $6K
- **Health care:** $36K
- **Jobs reported:** 22
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*