# PPP loan: RECARO NORTH AMERICA LLC
> **$2.47M** approved 04/13/2020 · Paid in Full · Loan `4954547100`
## Borrower
- **Name:** RECARO NORTH AMERICA LLC
- **Address:** 4617 W FORT ST, DETROIT, MI, 48209-3208
- **NAICS:** 336360
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.47M
- **Initial approval:** $2.47M
- **Forgiven:** $2.49M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.47M
- **Jobs reported:** 97
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*