# PPP loan: REC-TXK, LLC
> **$229K** approved 04/04/2020 · Paid in Full · Loan `4931847006`
## Borrower
- **Name:** REC-TXK, LLC
- **Address:** 105 SLANTON DR, NASH, TX, 75569
- **NAICS:** 236220
- **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:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $229K
- **Jobs reported:** 25
## Lender
- **Originating:** Commercial National Bank of Texarkana
- **Servicing:** Commercial National Bank of Texarkana (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*