PPP Loan information for Recovery equipment, inc.

$74,100

Recovery equipment, inc. was initially approved for PPP Loan of amount $74,100, the current approved amount is $74,100. The loan was approved on 04/16/2020 by The Prosperity Bank reported 5 jobs and $74,100 was used to fund payroll.

Recovery equipment, inc. is Existing or more than 2 years old

RECOVERY EQUIPMENT, INC.

Date Approved

04/16/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

RECOVERY EQUIPMENT, INC.

Borrower Address

4366 SOUTH TREADAWAY BOULEVARD

Borrower City

ABILENE

Borrower State

TX

Borrower Zip

79602-7804

Loan Status Date

11/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74100.00

Current Approval Amount

74100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ABILENE

Project County Name

TAYLOR

Project State

TX

Project Zip

79602-7804

CD

TX-19

Jobs Reported

5

NAICS Code

213112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

74100.00

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

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

74449.92

Forgiveness Date

10/13/2020

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