PPP Loan information for Butler paper recycling inc.

$410,955

Butler paper recycling inc. was initially approved for PPP Loan of amount $410,955, the current approved amount is $410,955. The loan was approved on 02/01/2021 by The TowneBank reported 34 jobs and $410,955 was used to fund payroll.

Butler paper recycling inc. is Existing or more than 2 years old

PPP Loan Search / VA / Suffolk / Butler paper recycling inc.

BUTLER PAPER RECYCLING INC.

Date Approved

02/01/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

BUTLER PAPER RECYCLING INC.

Borrower Address

324 Newport St

Borrower City

Suffolk

Borrower State

VA

Borrower Zip

23434-3822

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

410955.00

Current Approval Amount

410955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Suffolk

Project County Name

SUFFOLK CITY

Project State

VA

Project Zip

23434-3822

CD

VA-02

Jobs Reported

34

NAICS Code

454390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

410955.00

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

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

413500.64

Forgiveness Date

09/22/2021

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