PPP Loan information for Recycling & processing equipment inc.

$78,659

Recycling & processing equipment inc. was initially approved for PPP Loan of amount $78,659, the current approved amount is $78,659. The loan was approved on 01/28/2021 by The First Farmers Bank & Trust Co. reported 8 jobs and $78,659 was used to fund payroll.

Recycling & processing equipment inc. is Existing or more than 2 years old

PPP Loan Search / IN / Peru / Recycling & processing equipment inc.

RECYCLING & PROCESSING EQUIPMENT INC.

Date Approved

01/28/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

RECYCLING & PROCESSING EQUIPMENT INC.

Borrower Address

2653 S 400 W

Borrower City

Peru

Borrower State

IN

Borrower Zip

46970-8886

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78659.00

Current Approval Amount

78659.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23025

Servicing Lender Name

First Farmers Bank & Trust Co.

Servicing Lender Address

123 N Jefferson St

Servicing Lender City

CONVERSE

Servicing Lender State

IN

Servicing Lender Zip

46919

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Peru

Project County Name

MIAMI

Project State

IN

Project Zip

46970-8886

CD

IN-02

Jobs Reported

8

NAICS Code

562111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78659.00

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

23025

Originating Lender

First Farmers Bank & Trust Co.

Originating Lender City

CONVERSE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

79061.99

Forgiveness Date

08/11/2021

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