# PPP loan: METROPLEX RECYCLING COMPANY
> **$289K** approved 04/10/2020 · Paid in Full · Loan `1464587105`
## Borrower
- **Name:** METROPLEX RECYCLING COMPANY
- **Address:** 6200 ROSS RD, ATLANTA, GA, 30340-3112
- **NAICS:** 453310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $292K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Rent:** $14K
- **Utilities:** $14K
- **Jobs reported:** 69
## Lender
- **Originating:** Coastal States Bank
- **Servicing:** Coastal States Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*