PPP Loan information for Reeco 1 llc

$261,467

Reeco 1 llc was initially approved for PPP Loan of amount $261,467, the current approved amount is $261,467. The loan was approved on 01/31/2021 by The First National Bank reported 26 jobs and $261,467 was used to fund payroll.

Reeco 1 llc is Existing or more than 2 years old

PPP Loan Search / AR / Jonesboro / Reeco 1 llc

REECO 1 LLC

Date Approved

01/31/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

REECO 1 LLC

Borrower Address

3709 E Parker Rd

Borrower City

Jonesboro

Borrower State

AR

Borrower Zip

72404-7837

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

261466.97

Current Approval Amount

261466.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4641

Servicing Lender Name

First National Bank

Servicing Lender Address

200 W Court St

Servicing Lender City

Paragould

Servicing Lender State

AR

Servicing Lender Zip

72450

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jonesboro

Project County Name

CRAIGHEAD

Project State

AR

Project Zip

72404-7837

CD

AR-01

Jobs Reported

26

NAICS Code

812320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

261464.97

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

4641

Originating Lender

First National Bank

Originating Lender City

Paragould

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

262727.74

Forgiveness Date

07/30/2021

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