Innovative Recycling Technologies, Inc.

$385,995 PPP Loan in Lindenhurst, New York

Loan Details

Loan Number
2450617704
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$385,995
Current Approval
$385,995
Forgiveness Amount
$389,872
Forgiveness Date
May 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Innovative Recycling Technologies, Inc.
Address
690 N Queens Ave
ZIP Code
11757
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (562112)
Business Age
Existing or more than 2 years old
Jobs Reported
160
Estimated Revenue
$30.3M
Rural/Urban
Urban
Congressional District
NY-02

Loan Use Breakdown

Payroll
$340,184
Rent
$9,000
Utilities
$2,856
Health Care
$30,955
Debt Interest
$3,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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