# PPP loan: JBI SCRAP PROCESSORS INC
> **$206K** approved 04/11/2020 · Paid in Full · Loan `3584817106`
## Borrower
- **Name:** JBI SCRAP PROCESSORS INC
- **Address:** 3018 E 55th, CLEVELAND, OH, 44127
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $175K (85%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $206K
- **Jobs reported:** 25
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*