Recs INC

$268,745 PPP Loan in Hendersonville, Tennessee

Loan Details

Loan Number
4298137107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$268,745
Current Approval
$268,745
Forgiveness Amount
$270,310
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Recs INC
Address
1514 Latimer Lane
ZIP Code
37075-8715
Business Type
Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$8.2M
Rural/Urban
Urban
Congressional District
TN-06

Loan Use Breakdown

Payroll
$201,559
Utilities
$7,000
Mortgage Interest
$60,186

Lender Information

Servicing Lender
Volunteer State Bank
Originating Lender
Volunteer State Bank

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