PPP Loan information for Greenforest recycling resources, llc

$254,591

Greenforest recycling resources, llc was initially approved for PPP Loan of amount $254,591, the current approved amount is $254,591. The loan was approved on 04/13/2020 by The Lincoln Savings Bank reported 20 jobs and $254,591 was used to fund payroll.

Greenforest recycling resources, llc is Existing or more than 2 years old

GREENFOREST RECYCLING RESOURCES, LLC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GREENFOREST RECYCLING RESOURCES, LLC

Borrower Address

1021 MADISON ST

Borrower City

BRAINERD

Borrower State

MN

Borrower Zip

56401-4478

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

254590.96

Current Approval Amount

254590.96

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25416

Servicing Lender Name

Lincoln Savings Bank

Servicing Lender Address

508 Main Street PO Box E

Servicing Lender City

Reinbeck

Servicing Lender State

IA

Servicing Lender Zip

50669

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRAINERD

Project County Name

CROW WING

Project State

MN

Project Zip

56401-4478

CD

MN-08

Jobs Reported

20

NAICS Code

423930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

25459.10

Payroll Proceed

203672.76

Mortgage Interest Proceed

0.00

Rent Proceed

25459.10

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

246011.60

Forgiveness Date

11/19/2020

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