PPP Loan information for Advanced environmental recycling inc

$36,700

Advanced environmental recycling inc was initially approved for PPP Loan of amount $36,700, the current approved amount is $36,700. The loan was approved on 04/13/2020 by The Truist Bank reported 6 jobs and $36,700 was used to fund payroll.

Advanced environmental recycling inc is New Business or 2 years or less

ADVANCED ENVIRONMENTAL RECYCLING INC

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ADVANCED ENVIRONMENTAL RECYCLING INC

Borrower Address

27404 Highway 31

Borrower City

FLOMATON

Borrower State

AL

Borrower Zip

36441-4549

Loan Status Date

02/24/2021

Loan Status

Charged Off

Term

3

SBA Guaranty Percentage

100

Initial Approval Amount

36700.00

Current Approval Amount

36700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FLOMATON

Project County Name

ESCAMBIA

Project State

AL

Project Zip

36441-4549

CD

AL-01

Jobs Reported

6

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

36700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;