PPP Loan information for Rec investments, l.l.c., an alabama limited liability co

$80,600

Rec investments, l.l.c., an alabama limited liability co was initially approved for PPP Loan of amount $80,600, the current approved amount is $80,600. The loan was approved on 04/08/2020 by The Ameris Bank reported 20 jobs and $80,600 was used to fund payroll.

Rec investments, l.l.c., an alabama limited liability co is Existing or more than 2 years old

REC INVESTMENTS, L.L.C., AN ALABAMA LIMITED LIABILITY CO

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

REC INVESTMENTS, L.L.C., AN ALABAMA LIMITED LIABILITY CO

Borrower Address

14625 West US 84

Borrower City

NEWTON

Borrower State

AL

Borrower Zip

36352-7951

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80600.00

Current Approval Amount

80600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19595

Servicing Lender Name

Ameris Bank

Servicing Lender Address

3490 Piedmont Rd NE, Ste 124

Servicing Lender City

ATLANTA

Servicing Lender State

GA

Servicing Lender Zip

30305

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

HOUSTON

Project State

AL

Project Zip

36352-7951

CD

AL-02

Jobs Reported

20

NAICS Code

445120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

80600.00

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

Corporation

Originating Lender Location Id

19595

Originating Lender

Ameris Bank

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

81235.97

Forgiveness Date

02/09/2021

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