# PPP loan: REGIONAL MATERIALS RECOVERY INC
> **$532K** approved 04/27/2020 · Paid in Full · Loan `3571477210`
## Borrower
- **Name:** REGIONAL MATERIALS RECOVERY INC
- **Address:** 816 S Halifax Rd, Rocky Mount, NC, 27803-1172
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $532K
- **Initial approval:** $532K
- **Forgiven:** $536K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $532K
- **Jobs reported:** 60
## Lender
- **Originating:** Providence Bank
- **Servicing:** Providence Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*