PPP Loan information for Reco constructors, inc

$756,777

Reco constructors, inc was initially approved for PPP Loan of amount $798,700, the current approved amount is $756,777. The loan was approved on 04/10/2020 by The Truist Bank reported 66 jobs and $756,777 was used to fund payroll.

Reco constructors, inc is Existing or more than 2 years old

RECO CONSTRUCTORS, INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RECO CONSTRUCTORS, INC

Borrower Address

25189 PO BOX

Borrower City

RICHMOND

Borrower State

VA

Borrower Zip

23260-5189

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

798700.00

Current Approval Amount

756777.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICHMOND

Project County Name

RICHMOND CITY

Project State

VA

Project Zip

23260-5189

CD

VA-04

Jobs Reported

66

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

756777.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

762957.35

Forgiveness Date

02/17/2021

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