# PPP loan: ALLREC AWARDS INC.
> **$249K** approved 01/29/2021 · Paid in Full · Loan `8471978307`
## Borrower
- **Name:** ALLREC AWARDS INC.
- **Address:** 125 N Industrial Dr, Waco, TX, 76710-7051
- **NAICS:** 314999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 09/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $249K
- **Jobs reported:** 53
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*