# PPP loan: RECYCLING ASSOCIATES
> **$475K** approved 04/28/2020 · Paid in Full · Loan `1570987307`
## Borrower
- **Name:** RECYCLING ASSOCIATES
- **Address:** 1 Whipple Street, NASHUA, NH, 03060-3044
- **NAICS:** 562920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $475K
- **Initial approval:** $475K
- **Forgiven:** $480K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $432K
- **Utilities:** $43K
- **Jobs reported:** 35
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*