# PPP loan: ALUMINUM RECOVERY TECHNOLOGIES INC
> **$362K** approved 05/01/2020 · Paid in Full · Loan `1105207802`
## Borrower
- **Name:** ALUMINUM RECOVERY TECHNOLOGIES INC
- **Address:** 17385 Ryan Rd, Detroit, MI, 48212-1115
- **NAICS:** 423510
- **Business type:** —
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $362K
- **Initial approval:** $362K
- **Forgiven:** $308K (85%)
- **Forgiveness date:** 02/02/2023
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $362K
- **Jobs reported:** 36
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*