PPP Loan information for Rectron inc

$23,700

Rectron inc was initially approved for PPP Loan of amount $23,700, the current approved amount is $23,700. The loan was approved on 03/17/2021 by The The First National Bank of Williamson reported 5 jobs and $23,700 was used to fund payroll.

Rectron inc is Existing or more than 2 years old

PPP Loan Search / KY / South Williamson / Rectron inc

RECTRON INC

Date Approved

03/17/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

RECTRON INC

Borrower Address

343 New Camp Rd

Borrower City

South Williamson

Borrower State

KY

Borrower Zip

41503-4086

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

23700.00

Current Approval Amount

23700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75536

Servicing Lender Name

The First National Bank of Williamson

Servicing Lender Address

68 E 2nd Ave

Servicing Lender City

WILLIAMSON

Servicing Lender State

WV

Servicing Lender Zip

25661-3534

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Williamson

Project County Name

PIKE

Project State

KY

Project Zip

41503-4086

CD

KY-05

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

23698.00

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

Subchapter S Corporation

Originating Lender Location Id

75536

Originating Lender

The First National Bank of Williamson

Originating Lender City

WILLIAMSON

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

23931.07

Forgiveness Date

03/16/2022

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