# PPP loan: RE-CAL SERVICES INC
> **$274K** approved 02/09/2021 · Paid in Full · Loan `5851948405`
## Borrower
- **Name:** RE-CAL SERVICES INC
- **Address:** 9549 FM 322, Palestine, TX, 75801-0598
- **NAICS:** 211130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 06/30/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $274K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Austin Bank, Texas National Association
- **Servicing:** Austin Bank, Texas National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*