PPP Loan information for Waste recycling inc

$923,809

Waste recycling inc was initially approved for PPP Loan of amount $923,809, the current approved amount is $923,809. The loan was approved on 04/09/2020 by The AmeriFirst Bank reported 117 jobs and $923,809 was used to fund payroll.

Waste recycling inc is Existing or more than 2 years old

WASTE RECYCLING INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

WASTE RECYCLING INC

Borrower Address

824 NORTH DECATUR STREET

Borrower City

MONTGOMERY

Borrower State

AL

Borrower Zip

36104

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

923809.00

Current Approval Amount

923809.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3328

Servicing Lender Name

AmeriFirst Bank

Servicing Lender Address

8165 Vaughn Rd

Servicing Lender City

MONTGOMERY

Servicing Lender State

AL

Servicing Lender Zip

36116

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONTGOMERY

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36104-0001

CD

AL-07

Jobs Reported

117

NAICS Code

562920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

35123.00

Payroll Proceed

739048.00

Mortgage Interest Proceed

4680.00

Rent Proceed

42912.00

Refinance EIDL Proceed

0.00

Health Care Proceed

85950.00

Debt Interest Proceed

16096

Business Type

Corporation

Originating Lender Location Id

3328

Originating Lender

AmeriFirst Bank

Originating Lender City

MONTGOMERY

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

930439.00

Forgiveness Date

01/20/2021

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