PPP Loan information for Albany recycling center inc

$42,269

Albany recycling center inc was initially approved for PPP Loan of amount $42,269, the current approved amount is $42,269. The loan was approved on 04/27/2020 by The Stearns Bank National Association reported 5 jobs and $42,269 was used to fund payroll.

Albany recycling center inc is Existing or more than 2 years old

ALBANY RECYCLING CENTER INC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ALBANY RECYCLING CENTER INC

Borrower Address

34737 Co Rd 10

Borrower City

ALBANY

Borrower State

MN

Borrower Zip

56307

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42269.00

Current Approval Amount

42269.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36581

Servicing Lender Name

Stearns Bank National Association

Servicing Lender Address

4191 2nd St South

Servicing Lender City

SAINT CLOUD

Servicing Lender State

MN

Servicing Lender Zip

56301-3761

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

STEARNS

Project State

MN

Project Zip

56307-0001

CD

MN-07

Jobs Reported

5

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2400.00

Payroll Proceed

32000.00

Mortgage Interest Proceed

7869.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42563.15

Forgiveness Date

01/11/2021

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