# PPP loan: THE RECAP GROUP
> **$196K** approved 05/17/2020 · Paid in Full · Loan `8007587406`
## Borrower
- **Name:** THE RECAP GROUP
- **Address:** 3823 13th, Brooklyn, NY, 11218
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Jobs reported:** 12
## Lender
- **Originating:** Kabbage, Inc.
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*