Date Approved
04/10/2020
SBA Office Code
0304
Processing Method
PPP
Borrower Name
RECO CONSTRUCTORS, INC
Borrower Address
25189 PO BOX
Borrower City
RICHMOND
Borrower State
VA
Borrower Zip
23260-5189
Loan Status Date
03/23/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
798700.00
Current Approval Amount
756777.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
225134
Servicing Lender Name
Truist Bank
Servicing Lender Address
214 N Tryon St
Servicing Lender City
CHARLOTTE
Servicing Lender State
NC
Servicing Lender Zip
28202-1078
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
RICHMOND CITY
Project State
Project Zip
CD
VA-04
Jobs Reported
66
NAICS Code
332313
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
762957.35
Forgiveness Date
02/17/2021