PPP Loan information for R.e.c.electric corporation

$104,000

R.e.c.electric corporation was initially approved for PPP Loan of amount $104,000, the current approved amount is $104,000. The loan was approved on 04/29/2020 by The Capital One, National Association reported 5 jobs and $104,000 was used to fund payroll.

R.e.c.electric corporation is Existing or more than 2 years old

PPP Loan Search / MD / Germantown / R.e.c.electric corporation

R.E.C.ELECTRIC CORPORATION

Date Approved

04/29/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

R.E.C.ELECTRIC CORPORATION

Borrower Address

17304 Stag Horn Court

Borrower City

Germantown

Borrower State

MD

Borrower Zip

20874

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104000.00

Current Approval Amount

104000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28811

Servicing Lender Name

Capital One, National Association

Servicing Lender Address

1680 Capital One Dr

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-3407

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Germantown

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20874-0500

CD

MD-06

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

104000.00

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

28811

Originating Lender

Capital One, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

105201.78

Forgiveness Date

07/02/2021

;