PPP Loan information for The scrap exchange, inc.

$251,725

The scrap exchange, inc. was initially approved for PPP Loan of amount $251,725, the current approved amount is $251,725. The loan was approved on 04/15/2020 by The Self-Help FCU reported 61 jobs and $251,725 was used to fund payroll.

The scrap exchange, inc. is Existing or more than 2 years old

PPP Loan Search / NC / Durham / The scrap exchange, inc.

THE SCRAP EXCHANGE, INC.

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE SCRAP EXCHANGE, INC.

Borrower Address

2050 Chapel Hill Road

Borrower City

Durham

Borrower State

NC

Borrower Zip

27707-1110

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

251725.00

Current Approval Amount

251725.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

458339

Servicing Lender Name

Self-Help FCU

Servicing Lender Address

301 W Main St

Servicing Lender City

DURHAM

Servicing Lender State

NC

Servicing Lender Zip

27701-3215

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Durham

Project County Name

DURHAM

Project State

NC

Project Zip

27707-1110

CD

NC-04

Jobs Reported

61

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

251725.00

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

Non-Profit Organization

Originating Lender Location Id

458339

Originating Lender

Self-Help FCU

Originating Lender City

DURHAM

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

255000.87

Forgiveness Date

08/12/2021

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