PPP Loan information for Rec enterprises inc

$137,500

Rec enterprises inc was initially approved for PPP Loan of amount $137,500, the current approved amount is $137,500. The loan was approved on 04/28/2020 by The The Friendship State Bank reported 14 jobs and $137,500 was used to fund payroll.

Rec enterprises inc is Existing or more than 2 years old

REC ENTERPRISES INC

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

REC ENTERPRISES INC

Borrower Address

9423 HOMINY RIDGE RD PO BOX 295

Borrower City

VEVAY

Borrower State

IN

Borrower Zip

47043-0295

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137500.00

Current Approval Amount

137500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23170

Servicing Lender Name

The Friendship State Bank

Servicing Lender Address

5908 E Main St State Rte 62

Servicing Lender City

FRIENDSHIP

Servicing Lender State

IN

Servicing Lender Zip

47021

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VEVAY

Project County Name

SWITZERLAND

Project State

IN

Project Zip

47043-0295

CD

IN-09

Jobs Reported

14

NAICS Code

322219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

137500.00

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

Subchapter S Corporation

Originating Lender Location Id

23170

Originating Lender

The Friendship State Bank

Originating Lender City

FRIENDSHIP

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

138275.35

Forgiveness Date

11/25/2020

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