# PPP loan: REC-TXK LLC
> **$229K** approved 01/20/2021 · Paid in Full · Loan `2397688307`
## Borrower
- **Name:** REC-TXK LLC
- **Address:** 105 Slaton Dr, Nash, TX, 75569
- **NAICS:** 236118
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 11/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $229K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Commercial National Bank of Texarkana
- **Servicing:** Commercial National Bank of Texarkana (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*