PPP Loan information for Red metals recycling, inc.

$310,200

Red metals recycling, inc. was initially approved for PPP Loan of amount $310,200, the current approved amount is $310,200. The loan was approved on 04/09/2020 by The CIBC Bank USA reported 25 jobs and $310,200 was used to fund payroll.

Red metals recycling, inc. is Existing or more than 2 years old

PPP Loan Search / MI / REDFORD / Red metals recycling, inc.

RED METALS RECYCLING, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RED METALS RECYCLING, INC.

Borrower Address

12065 TELEGRAPH RD

Borrower City

REDFORD

Borrower State

MI

Borrower Zip

48239-1413

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

310200.00

Current Approval Amount

310200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REDFORD

Project County Name

WAYNE

Project State

MI

Project Zip

48239-1413

CD

MI-12

Jobs Reported

25

NAICS Code

423930

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

310200.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

302059.57

Forgiveness Date

11/25/2020

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