PPP Loan information for Carguts recycling inc

$128,800

Carguts recycling inc was initially approved for PPP Loan of amount $128,800, the current approved amount is $128,800. The loan was approved on 04/10/2020 by The First Bank reported 18 jobs and $128,800 was used to fund payroll.

Carguts recycling inc is Existing or more than 2 years old

CARGUTS RECYCLING INC

Date Approved

04/10/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

CARGUTS RECYCLING INC

Borrower Address

360 OSSEE ST

Borrower City

BLACKSBURG

Borrower State

SC

Borrower Zip

29702-1376

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128800.00

Current Approval Amount

128800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLACKSBURG

Project County Name

CHEROKEE

Project State

SC

Project Zip

29702-1376

CD

SC-05

Jobs Reported

18

NAICS Code

423140

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6440.00

Payroll Proceed

96600.00

Mortgage Interest Proceed

25760.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

119597.42

Forgiveness Date

12/17/2020

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