# PPP loan: RELIABLE PAPER RECYCLING, INC.
> **$857K** approved 05/27/2020 · Paid in Full · Loan `3732877802`
## Borrower
- **Name:** RELIABLE PAPER RECYCLING, INC.
- **Address:** 1 Caven Point Avenue, Jersey City, NJ, 07305-4603
- **NAICS:** 423930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $857K
- **Initial approval:** $947K
- **Forgiven:** $865K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $686K
- **Rent:** $86K
- **Utilities:** $86K
- **Jobs reported:** 70
## Lender
- **Originating:** BSD Capital, LLC dba Lendistry
- **Servicing:** Lendistry SBLC, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*