PPP Loan information for Trec group, inc

$316,700

Trec group, inc was initially approved for PPP Loan of amount $316,700, the current approved amount is $316,700. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 28 jobs and $316,700 was used to fund payroll.

Trec group, inc is Existing or more than 2 years old

TREC GROUP, INC

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

TREC GROUP, INC

Borrower Address

900 Old Marple Rd

Borrower City

Springfield

Borrower State

PA

Borrower Zip

19064

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

316700.00

Current Approval Amount

316700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

DELAWARE

Project State

PA

Project Zip

19064-0121

CD

PA-05

Jobs Reported

28

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

316700.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

318417.99

Forgiveness Date

11/05/2020

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