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Arundel Recycling Center INC

$274,801 PPP Loan in Hanover, Maryland

Loan Details

Loan Number
9044237105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$274,801
Current Approval
$274,801
Forgiveness Amount
$277,770
Forgiveness Date
May 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arundel Recycling Center INC
Address
7517 Connelley Drive
City
Hanover
State
Maryland
ZIP Code
21076
Business Type
Corporation
Industry (NAICS)
Manufacturing (325998)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$18.8M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$206,101
Rent
$22,900
Utilities
$22,900
Health Care
$22,900

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank, National Association

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