PPP Loan information for Volunteer recycling & salvage inc

$243,071

Volunteer recycling & salvage inc was initially approved for PPP Loan of amount $243,071, the current approved amount is $243,071. The loan was approved on 04/10/2020 by The Volunteer State Bank reported 30 jobs and $243,071 was used to fund payroll.

Volunteer recycling & salvage inc is Existing or more than 2 years old

VOLUNTEER RECYCLING & SALVAGE INC

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

VOLUNTEER RECYCLING & SALVAGE INC

Borrower Address

121 Morningside Dr

Borrower City

Portland

Borrower State

TN

Borrower Zip

37148-1725

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

243070.60

Current Approval Amount

243070.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68778

Servicing Lender Name

Volunteer State Bank

Servicing Lender Address

101 Hwy 52 W

Servicing Lender City

PORTLAND

Servicing Lender State

TN

Servicing Lender Zip

37148-1407

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

SUMNER

Project State

TN

Project Zip

37148-1725

CD

TN-06

Jobs Reported

30

NAICS Code

423930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30383.82

Payroll Proceed

182302.95

Mortgage Interest Proceed

30383.83

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

68778

Originating Lender

Volunteer State Bank

Originating Lender City

PORTLAND

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

244434.50

Forgiveness Date

11/03/2020

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