Waste Processing Equipment Inc.
$403,454 PPP Loan in Rainsville, Alabama
Loan Details
- Loan Number
- 8659777007
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $403,454
- Current Approval
- $403,454
- Forgiveness Amount
- $407,365
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Waste Processing Equipment Inc.
- Address
- 260 Dilbeck Road
- City
- Rainsville
- State
- Alabama
- ZIP Code
- 35986-1047
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 43
- Estimated Revenue
- $11.3M
- Rural/Urban
- Rural
- Congressional District
- AL-04
Loan Use Breakdown
- Payroll
- $378,425
- Rent
- $10,000
- Utilities
- $15,029
Lender Information
- Servicing Lender
- First Southern State Bank
- Originating Lender
- First Southern State Bank
Other PPP Loans in Rainsville, AL
| Business | Approved | |
|---|---|---|
| Independent Health Services Inc. | $422,311 | |
| Waterworks Board of the Town of Section & Dutton | $329,508 | |
| Dekalb Farmers Cooperative, Inc. | $310,200 | |
| Signal Ventures INC | $258,835 | |
| Runway Knitting Inc. | $243,089 |
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