PPP Loan information for Rencon llc

$440,300

Rencon llc was initially approved for PPP Loan of amount $440,300, the current approved amount is $440,300. The loan was approved on 04/09/2020 by The TowneBank reported 42 jobs and $440,300 was used to fund payroll.

Rencon llc is Existing or more than 2 years old

RENCON LLC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RENCON LLC

Borrower Address

116 Bruton Ct

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23322-4371

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

440300.00

Current Approval Amount

440300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23322-4371

CD

VA-02

Jobs Reported

42

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

440300.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

443100.80

Forgiveness Date

12/03/2020

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