PPP Loan information for R e c manufacturing corp

$317,178

R e c manufacturing corp was initially approved for PPP Loan of amount $317,178, the current approved amount is $317,178. The loan was approved on 04/12/2020 by The Rockland Trust Company reported 28 jobs and $317,178 was used to fund payroll.

R e c manufacturing corp is New Business or 2 years or less

R E C MANUFACTURING CORP

Date Approved

04/12/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

R E C MANUFACTURING CORP

Borrower Address

50 Mellen Street

Borrower City

HOPEDALE

Borrower State

MA

Borrower Zip

01747-1522

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

317178.00

Current Approval Amount

317178.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HOPEDALE

Project County Name

WORCESTER

Project State

MA

Project Zip

01747-1522

CD

MA-04

Jobs Reported

28

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

317178.00

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

319583.27

Forgiveness Date

01/20/2021

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