PPP Loan information for Recovery equipment inc

$74,161

Recovery equipment inc was initially approved for PPP Loan of amount $74,161, the current approved amount is $74,161. The loan was approved on 01/22/2021 by The Prosperity Bank reported 5 jobs and $74,161 was used to fund payroll.

Recovery equipment inc is Existing or more than 2 years old

RECOVERY EQUIPMENT INC

Date Approved

01/22/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

RECOVERY EQUIPMENT INC

Borrower Address

4366 S Treadaway Blvd

Borrower City

Abilene

Borrower State

TX

Borrower Zip

79602-7804

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74160.65

Current Approval Amount

74160.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Abilene

Project County Name

TAYLOR

Project State

TX

Project Zip

79602-7804

CD

TX-19

Jobs Reported

5

NAICS Code

211120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

74157.65

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

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

74731.59

Forgiveness Date

11/08/2021

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