PPP Loan information for Mid-state recycling company

$477,600

Mid-state recycling company was initially approved for PPP Loan of amount $477,600, the current approved amount is $477,600. The loan was approved on 04/03/2020 by The South Central Bank, Inc. reported 47 jobs and $477,600 was used to fund payroll.

Mid-state recycling company is Existing or more than 2 years old

MID-STATE RECYCLING COMPANY

Date Approved

04/03/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MID-STATE RECYCLING COMPANY

Borrower Address

109 springdale dr

Borrower City

GLASGOW

Borrower State

KY

Borrower Zip

42141-1051

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

477600.00

Current Approval Amount

477600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27775

Servicing Lender Name

South Central Bank, Inc.

Servicing Lender Address

501 S L Rogers Wells Blvd

Servicing Lender City

GLASGOW

Servicing Lender State

KY

Servicing Lender Zip

42141

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GLASGOW

Project County Name

BARREN

Project State

KY

Project Zip

42141-1051

CD

KY-02

Jobs Reported

47

NAICS Code

423930

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

477600.00

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

27775

Originating Lender

South Central Bank, Inc.

Originating Lender City

GLASGOW

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

480332.93

Forgiveness Date

11/03/2020

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