PPP Loan information for Rec advanced silicon materials llc

$4,424,400

Rec advanced silicon materials llc was initially approved for PPP Loan of amount $4,424,400, the current approved amount is $4,424,400. The loan was approved on 04/30/2020 by The Stockman Bank of Montana reported 205 jobs and $4,424,400 was used to fund payroll.

Rec advanced silicon materials llc is Existing or more than 2 years old

REC ADVANCED SILICON MATERIALS LLC

Date Approved

04/30/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

REC ADVANCED SILICON MATERIALS LLC

Borrower Address

119140 RICK JONES WAY

Borrower City

BUTTE

Borrower State

MT

Borrower Zip

59750-9722

Loan Status Date

08/31/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4424400.00

Current Approval Amount

4424400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41971

Servicing Lender Name

Stockman Bank of Montana

Servicing Lender Address

700 Main St

Servicing Lender City

MILES CITY

Servicing Lender State

MT

Servicing Lender Zip

59301-3122

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUTTE

Project County Name

SILVER BOW

Project State

MT

Project Zip

59750-9722

CD

MT-01

Jobs Reported

205

NAICS Code

331410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

884889.64

Payroll Proceed

3451021.40

Mortgage Interest Proceed

0.00

Rent Proceed

88488.96

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

41971

Originating Lender

Stockman Bank of Montana

Originating Lender City

MILES CITY

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4477492.80

Forgiveness Date

07/20/2021

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