PPP Loan information for Allrec awards incorporated

$238,600

Allrec awards incorporated was initially approved for PPP Loan of amount $238,600, the current approved amount is $238,600. The loan was approved on 04/06/2020 by The Independent Bank reported 47 jobs and $238,600 was used to fund payroll.

Allrec awards incorporated is Existing or more than 2 years old

ALLREC AWARDS INCORPORATED

Date Approved

04/06/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

ALLREC AWARDS INCORPORATED

Borrower Address

125 N. INDUSTRIAL DR

Borrower City

WACO

Borrower State

TX

Borrower Zip

76710-7051

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

238600.00

Current Approval Amount

238600.00

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

47

NAICS Code

323111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3700.00

Payroll Proceed

200200.00

Mortgage Interest Proceed

5700.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

29000.00

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

240681.12

Forgiveness Date

02/25/2021

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