PPP Loan information for Recurrent innovative solutions llc

$553,258

Recurrent innovative solutions llc was initially approved for PPP Loan of amount $553,258, the current approved amount is $553,258. The loan was approved on 02/24/2021 by The Sandy Spring Bank reported 30 jobs and $553,258 was used to fund payroll.

Recurrent innovative solutions llc is Existing or more than 2 years old

PPP Loan Search / MD / Rockville / Recurrent innovative solutions llc

RECURRENT INNOVATIVE SOLUTIONS LLC

Date Approved

02/24/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

RECURRENT INNOVATIVE SOLUTIONS LLC

Borrower Address

451 Hungerford Dr Ste 700

Borrower City

Rockville

Borrower State

MD

Borrower Zip

20850-4111

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

553258.00

Current Approval Amount

553258.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockville

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-4111

CD

MD-08

Jobs Reported

30

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

553253.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

560761.09

Forgiveness Date

07/06/2022

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