# PPP loan: ALL AMERICAN RECYCLING OF LONG ISLAND LLC
> **$227K** approved 05/01/2020 · Exemption 4 · Loan `3132967703`
## Borrower
- **Name:** ALL AMERICAN RECYCLING OF LONG ISLAND LLC
- **Address:** 2 Hope St, Jersey City, NJ, 07307
- **NAICS:** 562920
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $177K (78%)
- **Forgiveness date:** 12/03/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $173K
- **Rent:** $43K
- **Utilities:** $11K
- **Jobs reported:** 12
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*