Recognition Systems INC

$628,340 PPP Loan in Port Washington, New York

Loan Details

Loan Number
8754137001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$628,340
Current Approval
$628,340
Forgiveness Amount
$636,689
Forgiveness Date
Aug 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Recognition Systems INC
Address
30 Harbor Park Dr
ZIP Code
11050-4667
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423420)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$16.8M
Rural/Urban
Urban
Congressional District
NY-03

Loan Use Breakdown

Payroll
$628,340

Lender Information

Servicing Lender
Webster Bank National Association
Originating Lender
Webster Bank National Association

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