PPP Loan information for Foss recycling inc

$2,530,100

Foss recycling inc was initially approved for PPP Loan of amount $2,530,100, the current approved amount is $2,530,100. The loan was approved on 04/07/2020 by The First-Citizens Bank & Trust Company reported 250 jobs and $2,530,100 was used to fund payroll.

Foss recycling inc is New Business or 2 years or less

PPP Loan Search / NC / LA GRANGE / Foss recycling inc

FOSS RECYCLING INC

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FOSS RECYCLING INC

Borrower Address

7037 Hwy West

Borrower City

LA GRANGE

Borrower State

NC

Borrower Zip

28551

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2530100.00

Current Approval Amount

2530100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LA GRANGE

Project County Name

LENOIR

Project State

NC

Project Zip

28551-0001

CD

NC-03

Jobs Reported

250

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2530100.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2555955.54

Forgiveness Date

04/26/2021

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