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Albany Recycling Center INC

$42,269 PPP Loan in Albany, Minnesota

Loan Details

Loan Number
5485517201
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$42,269
Current Approval
$42,269
Forgiveness Amount
$42,563
Forgiveness Date
Jan 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Albany Recycling Center INC
Address
34737 Co Rd 10
City
Albany
State
Minnesota
ZIP Code
56307
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423930)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$32,000
Utilities
$2,400
Mortgage Interest
$7,869

Lender Information

Servicing Lender
Stearns Bank National Association
Originating Lender
Stearns Bank National Association

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