R.e.c. INC

$480,000 PPP Loan in Edina, Minnesota

Loan Details

Loan Number
9517908309
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$480,000
Current Approval
$480,000
Forgiveness Amount
$487,233
Forgiveness Date
Aug 8, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
R.e.c. INC
Address
7500 W 78th St
City
Edina
ZIP Code
55439-2517
Business Type
Corporation
Industry (NAICS)
Construction (236115)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$10.3M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$479,999

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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