PPP Loan information for Recovery management systems inc

$79,900

Recovery management systems inc was initially approved for PPP Loan of amount $79,900, the current approved amount is $79,900. The loan was approved on 04/10/2020 by The TrustBank reported 8 jobs and $79,900 was used to fund payroll.

Recovery management systems inc is Existing or more than 2 years old

RECOVERY MANAGEMENT SYSTEMS INC

Date Approved

04/10/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

RECOVERY MANAGEMENT SYSTEMS INC

Borrower Address

8765 W KELTON LN B4-160

Borrower City

PEORIA

Borrower State

AZ

Borrower Zip

85382-3584

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79900.00

Current Approval Amount

79900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22221

Servicing Lender Name

TrustBank

Servicing Lender Address

600 E Main St

Servicing Lender City

OLNEY

Servicing Lender State

IL

Servicing Lender Zip

62450-2164

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEORIA

Project County Name

MARICOPA

Project State

AZ

Project Zip

85382-3584

CD

AZ-08

Jobs Reported

8

NAICS Code

541990

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

4430.00

Payroll Proceed

63970.00

Mortgage Interest Proceed

0.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4500.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

22221

Originating Lender

TrustBank

Originating Lender City

OLNEY

Originating Lender State

IL

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80578.60

Forgiveness Date

02/23/2021

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