# PPP loan: UNIVERSAL SCRAP RECYCLERS LLC
> **$240K** approved 07/15/2020 · Paid in Full · Loan `3816508103`
## Borrower
- **Name:** UNIVERSAL SCRAP RECYCLERS LLC
- **Address:** 9275 Highway 1 Bypass, WADLEY, GA, 30477
- **NAICS:** 423930
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $242K (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $240K
- **Jobs reported:** 6
## Lender
- **Originating:** Queensborough National Bank and Trust Company
- **Servicing:** Queensborough National Bank and Trust Company (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*