AL REC LLC (WV) - 2020 PPP Loan Borrower Profile (# 3960908404)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AL REC LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in West Virginia.

Loan Detail

Loan Number

3960908404

SBA Office Code

0390

Processing Method

PPS

Curent Loan Amount

$458,145

Date Loan was Approved

Feb 5, 2021

Amount Forgiven

$463,379.15

Date Loan was Forgiven

Apr 6, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

458,142

Lender

Celtic Bank Corporation

Business Detail

Business Type

Subchapter S Corporation

NAICS

331314

Borrower Location

Millwood, WV

Project Location

Millwood, WV

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.