# PPP loan: RECYCLE ANN ARBOR
> **$448K** approved 04/10/2020 · Paid in Full · Loan `2561187110`
## Borrower
- **Name:** RECYCLE ANN ARBOR
- **Address:** 2420 S Industrial, Ann Arbor, MI, 48104-6130
- **NAICS:** 562111
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $448K
- **Initial approval:** $448K
- **Forgiven:** $452K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $448K
- **Jobs reported:** 30
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*