Recycling Equipment Incorporated
$624,309 PPP Loan in Newton, North Carolina
Loan Details
- Loan Number
- 2543377104
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $624,309
- Current Approval
- $624,309
- Forgiveness Amount
- $629,928
- Forgiveness Date
- Mar 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Recycling Equipment Incorporated
- Address
- 2052 Industrial Dr
- City
- Newton
- State
- North Carolina
- ZIP Code
- 28658-7703
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333249)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 27
- Estimated Revenue
- $7.1M
- Rural/Urban
- Rural
- Congressional District
- NC-10
Loan Use Breakdown
- Mortgage Interest
- $624,309
Lender Information
- Servicing Lender
- Truist Bank
- Originating Lender
- Truist Bank
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