Resource Recycling Systems, Incorporated

$821,200 PPP Loan in Ann Arbor, Michigan

Loan Details

Loan Number
9937127202
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$821,200
Current Approval
$821,200
Forgiveness Amount
$831,237
Forgiveness Date
Jul 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Resource Recycling Systems, Incorporated
Address
416 Longshore Drive,
ZIP Code
48105-1624
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541620)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$656,966
Mortgage Interest
$164,234

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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