PPP Loan information for Sorbent recyclers inc.

$119,000

Sorbent recyclers inc. was initially approved for PPP Loan of amount $119,000, the current approved amount is $119,000. The loan was approved on 04/27/2020 by The First-Citizens Bank & Trust Company reported 12 jobs and $119,000 was used to fund payroll.

Sorbent recyclers inc. is New Business or 2 years or less

SORBENT RECYCLERS INC.

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

SORBENT RECYCLERS INC.

Borrower Address

Post Office Box 262

Borrower City

Lancaster

Borrower State

SC

Borrower Zip

29721-0262

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119000.00

Current Approval Amount

119000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Lancaster

Project County Name

LANCASTER

Project State

SC

Project Zip

29721-0262

CD

SC-05

Jobs Reported

12

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

119000.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

120056.33

Forgiveness Date

03/25/2021

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