PPP Loan information for Rek express inc

$417,700

Rek express inc was initially approved for PPP Loan of amount $417,700, the current approved amount is $417,700. The loan was approved on 04/08/2020 by The Northwest Bank reported 43 jobs and $417,700 was used to fund payroll.

Rek express inc is Existing or more than 2 years old

REK EXPRESS INC

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

REK EXPRESS INC

Borrower Address

2740 W LEXINGTON AVE

Borrower City

ELKHART

Borrower State

IN

Borrower Zip

46514-1447

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

417700.00

Current Approval Amount

417700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKHART

Project County Name

ELKHART

Project State

IN

Project Zip

46514-1447

CD

IN-02

Jobs Reported

43

NAICS Code

493110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4332.18

Payroll Proceed

403367.82

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

420503.74

Forgiveness Date

12/17/2020

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