Recaro Automotive North America LLC

$2,000,000 PPP Loan in Clinton Twp, Michigan

Loan Details

Loan Number
5835878506
Date Approved
Mar 2, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,014,944
Forgiveness Date
Nov 30, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Recaro Automotive North America LLC
Address
24801 Capital Blvd 24801 Capital Blvd
ZIP Code
48036-1347
Business Type
Corporation
Industry (NAICS)
Manufacturing (336360)
Business Age
Existing or more than 2 years old
Jobs Reported
108
Estimated Revenue
$28.3M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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