PPP Loan information for Recovery systems company inc.

$91,256

Recovery systems company inc. was initially approved for PPP Loan of amount $91,256, the current approved amount is $91,256. The loan was approved on 01/30/2021 by The First Resource Bank reported 5 jobs and $91,256 was used to fund payroll.

Recovery systems company inc. is Existing or more than 2 years old

RECOVERY SYSTEMS COMPANY INC.

Date Approved

01/30/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RECOVERY SYSTEMS COMPANY INC.

Borrower Address

1617 5th St S

Borrower City

Hopkins

Borrower State

MN

Borrower Zip

55343-7813

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

91255.84

Current Approval Amount

91255.84

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434662

Servicing Lender Name

First Resource Bank

Servicing Lender Address

7449 Village Dr

Servicing Lender City

LINO LAKES

Servicing Lender State

MN

Servicing Lender Zip

55014-1181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hopkins

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-7813

CD

MN-03

Jobs Reported

5

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

91250.84

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

434662

Originating Lender

First Resource Bank

Originating Lender City

LINO LAKES

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

91900.88

Forgiveness Date

10/26/2021

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