PPP Loan information for Innovative recycling technologies, inc.

$385,995

Innovative recycling technologies, inc. was initially approved for PPP Loan of amount $385,995, the current approved amount is $385,995. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 160 jobs and $385,995 was used to fund payroll.

Innovative recycling technologies, inc. is Existing or more than 2 years old

INNOVATIVE RECYCLING TECHNOLOGIES, INC.

Date Approved

05/01/2020

SBA Office Code

0235

Processing Method

PPP

Borrower Name

INNOVATIVE RECYCLING TECHNOLOGIES, INC.

Borrower Address

690 N QUEENS AVE

Borrower City

LINDENHURST

Borrower State

NY

Borrower Zip

11757

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

385995.00

Current Approval Amount

385995.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINDENHURST

Project County Name

SUFFOLK

Project State

NY

Project Zip

11757-0001

CD

NY-02

Jobs Reported

160

NAICS Code

562112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2856.00

Payroll Proceed

340184.00

Mortgage Interest Proceed

0.00

Rent Proceed

9000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30955.00

Debt Interest Proceed

3000

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

389872.32

Forgiveness Date

05/06/2021

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