PPP Loan information for Railroad resource & recovery, inc.

$57,013

Railroad resource & recovery, inc. was initially approved for PPP Loan of amount $57,013, the current approved amount is $57,013. The loan was approved on 04/28/2020 by The American Express National Bank reported 7 jobs and $57,013 was used to fund payroll.

Railroad resource & recovery, inc. is Existing or more than 2 years old

PPP Loan Search / PA / Allentown / Railroad resource & recovery, inc.

RAILROAD RESOURCE & RECOVERY, INC.

Date Approved

04/28/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

RAILROAD RESOURCE & RECOVERY, INC.

Borrower Address

1874 Catasuaqua Road #101

Borrower City

Allentown

Borrower State

PA

Borrower Zip

18109

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57012.50

Current Approval Amount

57012.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Allentown

Project County Name

LEHIGH

Project State

PA

Project Zip

18109-0001

CD

PA-07

Jobs Reported

7

NAICS Code

482111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5701.25

Payroll Proceed

45610.00

Mortgage Interest Proceed

0.00

Rent Proceed

5701.25

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57748.20

Forgiveness Date

08/20/2021

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