Rec25, Inc.
$630,477 PPP Loan in Coraopolis, Pennsylvania
Loan Details
- Loan Number
- 7180957104
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $630,477
- Current Approval
- $630,477
- Forgiveness Amount
- $637,697
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rec25, Inc.
- Address
- 7900 University Boulevard
- City
- Coraopolis
- State
- Pennsylvania
- ZIP Code
- 15108
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 45
- Estimated Revenue
- $11.3M
- Rural/Urban
- Urban
- Congressional District
- PA-17
Loan Use Breakdown
- Payroll
- $490,000
- Rent
- $76,477
- Utilities
- $15,000
- Health Care
- $49,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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