Bates Recycling INC

$128,500 PPP Loan in Cygnet, Ohio

Loan Details

Loan Number
4922827009
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$128,500
Current Approval
$128,500
Forgiveness Amount
$129,285
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Bates Recycling INC
Address
12729 Jerry City Rd
City
Cygnet
State
Ohio
ZIP Code
43413-9749
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423930)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
OH-05

Loan Use Breakdown

Payroll
$111,330
Rent
$6,000
Utilities
$1,785
Health Care
$6,385
Debt Interest
$3,000

Lender Information

Servicing Lender
The Citizens National Bank of Bluffton
Originating Lender
The Citizens National Bank of Bluffton

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