PPP Loan information for Recycling center inc

$751,347

Recycling center inc was initially approved for PPP Loan of amount $772,242, the current approved amount is $751,347. The loan was approved on 02/06/2021 by The U.S. Bank, National Association reported 62 jobs and $751,347 was used to fund payroll.

Recycling center inc is Existing or more than 2 years old

RECYCLING CENTER INC

Date Approved

02/06/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

RECYCLING CENTER INC

Borrower Address

630 S M St

Borrower City

Richmond

Borrower State

IN

Borrower Zip

47374-6842

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

772242.00

Current Approval Amount

751347.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

WAYNE

Project State

IN

Project Zip

47374-6842

CD

IN-06

Jobs Reported

62

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

751347.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

755500.28

Forgiveness Date

09/07/2021

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