# PPP loan: RENEWAL PROCESSING INC
> **$162K** approved 04/08/2020 · Paid in Full · Loan `8841547004`
## Borrower
- **Name:** RENEWAL PROCESSING INC
- **Address:** 10705 STATE ROUTE 44, WATSONTOWN, PA, 17777-8294
- **NAICS:** 488510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $122K
- **Utilities:** $41K
- **Jobs reported:** 15
## Lender
- **Originating:** Woodlands Bank
- **Servicing:** Woodlands Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*