PPP Loan information for Rectron inc

$32,200

Rectron inc was initially approved for PPP Loan of amount $32,200, the current approved amount is $32,200. The loan was approved on 05/07/2020 by The The First National Bank of Williamson reported 5 jobs and $32,200 was used to fund payroll.

Rectron inc is Existing or more than 2 years old

PPP Loan Search / WV / WILLIAMSON / Rectron inc

RECTRON INC

Date Approved

05/07/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

RECTRON INC

Borrower Address

PO BOX 1240

Borrower City

WILLIAMSON

Borrower State

WV

Borrower Zip

25661-1240

Loan Status Date

01/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32200.00

Current Approval Amount

32200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75536

Servicing Lender Name

The First National Bank of Williamson

Servicing Lender Address

68 E 2nd Ave

Servicing Lender City

WILLIAMSON

Servicing Lender State

WV

Servicing Lender Zip

25661-3534

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLIAMSON

Project County Name

MINGO

Project State

WV

Project Zip

25661-1240

CD

WV-01

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

32200.00

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

Subchapter S Corporation

Originating Lender Location Id

75536

Originating Lender

The First National Bank of Williamson

Originating Lender City

WILLIAMSON

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32401.25

Forgiveness Date

12/28/2020

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