PPP Loan information for Reco inc.

$34,258

Reco inc. was initially approved for PPP Loan of amount $34,258, the current approved amount is $34,258. The loan was approved on 04/02/2021 by The Core Bank reported 5 jobs and $34,258 was used to fund payroll.

Reco inc. is Existing or more than 2 years old

RECO INC.

Date Approved

04/02/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

RECO INC.

Borrower Address

15 S 20th St

Borrower City

Council Bluffs

Borrower State

IA

Borrower Zip

51501-3712

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

34257.50

Current Approval Amount

34257.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42044

Servicing Lender Name

Core Bank

Servicing Lender Address

17807 Burke St

Servicing Lender City

OMAHA

Servicing Lender State

NE

Servicing Lender Zip

68118-2260

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Council Bluffs

Project County Name

POTTAWATTAMIE

Project State

IA

Project Zip

51501-3712

CD

IA-04

Jobs Reported

5

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

34255.50

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

42044

Originating Lender

Core Bank

Originating Lender City

OMAHA

Originating Lender State

NE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34464.95

Forgiveness Date

11/12/2021

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