PPP Loan information for Rec23, inc.

$322,697

Rec23, inc. was initially approved for PPP Loan of amount $322,697, the current approved amount is $322,697. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 23 jobs and $322,697 was used to fund payroll.

Rec23, inc. is Existing or more than 2 years old

PPP Loan Search / PA / Washington / Rec23, inc.

REC23, INC.

Date Approved

04/14/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

REC23, INC.

Borrower Address

453 Racetrack Road

Borrower City

Washington

Borrower State

PA

Borrower Zip

15301

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

322697.00

Current Approval Amount

322697.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

WASHINGTON

Project State

PA

Project Zip

15301-0001

CD

PA-14

Jobs Reported

23

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

250000.00

Mortgage Interest Proceed

0.00

Rent Proceed

37697.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

326410.23

Forgiveness Date

06/15/2021

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