Recdirect INC

$459,890 PPP Loan in Johnson City, Tennessee

Loan Details

Loan Number
8464867010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$459,890
Current Approval
$459,890
Forgiveness Amount
$463,441
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Recdirect INC
Address
506 Twin Oaks Dr
ZIP Code
37601-7610
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423910)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$10.4M
Rural/Urban
Urban
Congressional District
TN-01

Loan Use Breakdown

Payroll
$344,918
Rent
$86,229
Utilities
$28,743

Lender Information

Servicing Lender
Mountain Commerce Bank
Originating Lender
Mountain Commerce Bank

Other PPP Loans in Johnson City, TN

BusinessApproved
Wellmore Energy Company LLC$9,512,362NewBizBotAI Deep Dive
State of Franklin Healthcare Associates Pllc$7,804,800NewBizBotAI Deep Dive
Pocahontas Coal Company LLC$6,967,050NewBizBotAI Deep Dive
Medical Education Assistance Corporation$4,896,317NewBizBotAI Deep Dive
Crown Laboratories, Inc.$4,359,500NewBizBotAI Deep Dive

Want to research this company further?