# PPP loan: VOLUNTEER RECYCLING & SALVAGE INC
> **$243K** approved 04/10/2020 · Paid in Full · Loan `2215017102`
## Borrower
- **Name:** VOLUNTEER RECYCLING & SALVAGE INC
- **Address:** 121 Morningside Dr, Portland, TN, 37148-1725
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Mortgage interest:** $30K
- **Utilities:** $30K
- **Jobs reported:** 30
## Lender
- **Originating:** Volunteer State Bank
- **Servicing:** Volunteer State Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*