PPP Loan information for Recycling equipment incorporated

$624,309

Recycling equipment incorporated was initially approved for PPP Loan of amount $624,309, the current approved amount is $624,309. The loan was approved on 04/10/2020 by The Truist Bank reported 27 jobs and $624,309 was used to fund payroll.

Recycling equipment incorporated is Existing or more than 2 years old

PPP Loan Search / NC / NEWTON / Recycling equipment incorporated

RECYCLING EQUIPMENT INCORPORATED

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RECYCLING EQUIPMENT INCORPORATED

Borrower Address

2052 INDUSTRIAL DR

Borrower City

NEWTON

Borrower State

NC

Borrower Zip

28658-7703

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

624309.00

Current Approval Amount

624309.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

CATAWBA

Project State

NC

Project Zip

28658-7703

CD

NC-10

Jobs Reported

27

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

0.00

Mortgage Interest Proceed

624309.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

629927.78

Forgiveness Date

03/11/2021

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