# PPP loan: RECO EQUIPMENT, INC
> **$4.02M** approved 04/08/2020 · Paid in Full · Loan `7694377006`
## Borrower
- **Name:** RECO EQUIPMENT, INC
- **Address:** 41245 RECO RD, BELMONT, OH, 43718-9542
- **NAICS:** 532412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.02M
- **Initial approval:** $4.02M
- **Forgiven:** $4.07M (101%)
- **Forgiveness date:** 07/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.02M
- **Jobs reported:** 222
## Lender
- **Originating:** WesBanco Bank, Inc.
- **Servicing:** WesBanco Bank, Inc. (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*