# PPP loan: RECOVERY TECHNOLOGY LLC
> **$777K** approved 04/13/2020 · Paid in Full · Loan `4745427103`
## Borrower
- **Name:** RECOVERY TECHNOLOGY LLC
- **Address:** 1200 N WEST AVE SUITE 400, JACKSON, MI, 49202-2049
- **NAICS:** 621330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $777K
- **Initial approval:** $777K
- **Forgiven:** $682K (88%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $777K
- **Jobs reported:** 61
## Lender
- **Originating:** True Community CU
- **Servicing:** True Community CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*