PPP Loan information for Area salvage & recycling inc

$62,178

Area salvage & recycling inc was initially approved for PPP Loan of amount $62,178, the current approved amount is $62,178. The loan was approved on 01/21/2021 by The Blackhawk Bank reported 7 jobs and $62,178 was used to fund payroll.

Area salvage & recycling inc is Existing or more than 2 years old

PPP Loan Search / IL / Rockford / Area salvage & recycling inc

AREA SALVAGE & RECYCLING INC

Date Approved

01/21/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

AREA SALVAGE & RECYCLING INC

Borrower Address

207 Peoples Ave

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61104-7032

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62177.50

Current Approval Amount

62177.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117081

Servicing Lender Name

Blackhawk Bank

Servicing Lender Address

400 Broad St

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6223

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61104-7032

CD

IL-17

Jobs Reported

7

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

62176.50

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

117081

Originating Lender

Blackhawk Bank

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

62412.39

Forgiveness Date

06/15/2021

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