# PPP loan: REC ADVANCED SILICON MATERIALS LLC
> **$4.42M** approved 04/30/2020 · Paid in Full · Loan `5091597309`
## Borrower
- **Name:** REC ADVANCED SILICON MATERIALS LLC
- **Address:** 119140 RICK JONES WAY, BUTTE, MT, 59750-9722
- **NAICS:** 331410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.42M
- **Initial approval:** $4.42M
- **Forgiven:** $4.48M (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.45M
- **Rent:** $88K
- **Utilities:** $885K
- **Jobs reported:** 205
## Lender
- **Originating:** Stockman Bank of Montana
- **Servicing:** Stockman Bank of Montana (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*