PPP Loan information for Regal recycling co inc

$538,002

Regal recycling co inc was initially approved for PPP Loan of amount $538,002, the current approved amount is $538,002. The loan was approved on 04/13/2020 by The Valley National Bank reported 42 jobs and $538,002 was used to fund payroll.

Regal recycling co inc is Existing or more than 2 years old

REGAL RECYCLING CO INC

Date Approved

04/13/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

REGAL RECYCLING CO INC

Borrower Address

170-21 Douglas Avenue

Borrower City

JAMAICA

Borrower State

NY

Borrower Zip

11433-1133

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

538002.00

Current Approval Amount

538002.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JAMAICA

Project County Name

QUEENS

Project State

NY

Project Zip

11433-1133

CD

NY-05

Jobs Reported

42

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

538002.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

544174.08

Forgiveness Date

06/08/2021

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