PPP Loan information for Allrec awards inc.

$249,000

Allrec awards inc. was initially approved for PPP Loan of amount $249,000, the current approved amount is $249,000. The loan was approved on 01/29/2021 by The Independent Bank reported 53 jobs and $249,000 was used to fund payroll.

Allrec awards inc. is Existing or more than 2 years old

ALLREC AWARDS INC.

Date Approved

01/29/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

ALLREC AWARDS INC.

Borrower Address

125 N Industrial Dr

Borrower City

Waco

Borrower State

TX

Borrower Zip

76710-7051

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

249000.00

Current Approval Amount

249000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waco

Project County Name

MCLENNAN

Project State

TX

Project Zip

76710-7051

CD

TX-17

Jobs Reported

53

NAICS Code

314999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

249000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

250618.50

Forgiveness Date

09/24/2021

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