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R.c. Systems Inc.

$345,600 PPP Loan in Hitchcock, Texas

Loan Details

Loan Number
2225317407
Date Approved
May 5, 2020
Loan Status
Paid in Full
Initial Approval
$345,600
Current Approval
$345,600
Forgiveness Amount
$347,750
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
R.c. Systems Inc.
Address
8621 Highway 6
City
Hitchcock
State
Texas
ZIP Code
77563-3111
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334519)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-14

Loan Use Breakdown

Payroll
$326,041
Rent
$16,400
Utilities
$3,159

Lender Information

Servicing Lender
Texas First Bank
Originating Lender
Texas First Bank

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