PPP Loan information for Regional materials recovery inc

$531,667

Regional materials recovery inc was initially approved for PPP Loan of amount $531,667, the current approved amount is $531,667. The loan was approved on 01/16/2021 by The Providence Bank reported 50 jobs and $531,667 was used to fund payroll.

Regional materials recovery inc is Existing or more than 2 years old

PPP Loan Search / NC / Rocky Mount / Regional materials recovery inc

REGIONAL MATERIALS RECOVERY INC

Date Approved

01/16/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

REGIONAL MATERIALS RECOVERY INC

Borrower Address

816 S Halifax Rd

Borrower City

Rocky Mount

Borrower State

NC

Borrower Zip

27803-1172

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

531667.00

Current Approval Amount

531667.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438379

Servicing Lender Name

Providence Bank

Servicing Lender Address

450 N Winstead Ave

Servicing Lender City

ROCKY MOUNT

Servicing Lender State

NC

Servicing Lender Zip

27804-2229

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rocky Mount

Project County Name

NASH

Project State

NC

Project Zip

27803-1172

CD

NC-01

Jobs Reported

50

NAICS Code

423930

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

531667.00

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

Corporation

Originating Lender Location Id

438379

Originating Lender

Providence Bank

Originating Lender City

ROCKY MOUNT

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

535337.69

Forgiveness Date

10/06/2021

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