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
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

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