Materials Recovery Technologies

$49,700 PPP Loan in Emigsville, Pennsylvania

Loan Details

Loan Number
8419407100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$49,700
Current Approval
$49,700
Forgiveness Amount
$50,034
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Materials Recovery Technologies
Address
3325c Connelly
ZIP Code
17318
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332813)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
PA-10

Loan Use Breakdown

Payroll
$37,266
Rent
$7,886
Utilities
$1,848
Health Care
$500
Debt Interest
$2,200

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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