# PPP loan: REGIONAL ECONOMIC COMMUNITY ACTION PROGRAM INC.
> **$994K** approved 04/27/2020 · Paid in Full · Loan `3695307207`
## Borrower
- **Name:** REGIONAL ECONOMIC COMMUNITY ACTION PROGRAM INC.
- **Address:** 40 Smith Street, Middletown, NY, 10940
- **NAICS:** 813212
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $994K
- **Initial approval:** $994K
- **Forgiven:** $1.00M (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $994K
- **Jobs reported:** 126
## Lender
- **Originating:** Orange Bank & Trust Company
- **Servicing:** Orange Bank & Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*