PPP Loan information for Rec marine logistics llc

$2,000,000

Rec marine logistics llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/23/2021 by The United Community Bank reported 236 jobs and $2,000,000 was used to fund payroll.

Rec marine logistics llc is Existing or more than 2 years old

REC MARINE LOGISTICS LLC

Date Approved

01/23/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

REC MARINE LOGISTICS LLC

Borrower Address

4535 Highway 308

Borrower City

Raceland

Borrower State

LA

Borrower Zip

70394-2410

Loan Status Date

12/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29249

Servicing Lender Name

United Community Bank

Servicing Lender Address

4626 Hwy 1

Servicing Lender City

RACELAND

Servicing Lender State

LA

Servicing Lender Zip

70394-2623

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Raceland

Project County Name

LAFOURCHE

Project State

LA

Project Zip

70394-2410

CD

LA-06

Jobs Reported

236

NAICS Code

483112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

29249

Originating Lender

United Community Bank

Originating Lender City

RACELAND

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2016444.44

Forgiveness Date

11/18/2021

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