PPP Loan information for Recaro automotive north america llc

$2,000,000

Recaro automotive north america 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 03/02/2021 by The PNC Bank, National Association reported 108 jobs and $2,000,000 was used to fund payroll.

Recaro automotive north america llc is Existing or more than 2 years old

PPP Loan Search / MI / Clinton Twp / Recaro automotive north america llc

RECARO AUTOMOTIVE NORTH AMERICA LLC

Date Approved

03/02/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RECARO AUTOMOTIVE NORTH AMERICA LLC

Borrower Address

24801 Capital Blvd 24801 Capital Blvd

Borrower City

Clinton Twp

Borrower State

MI

Borrower Zip

48036-1347

Loan Status Date

01/13/2022

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

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clinton Twp

Project County Name

MACOMB

Project State

MI

Project Zip

48036-1347

CD

MI-10

Jobs Reported

108

NAICS Code

336360

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2014944.44

Forgiveness Date

11/30/2021

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