# PPP loan: WALTERS RECYCLING & REFUSE INC
> **$1.62M** approved 04/12/2020 · Paid in Full · Loan `3923057109`
## Borrower
- **Name:** WALTERS RECYCLING & REFUSE INC
- **Address:** 2830 101st Ave NE, MINNEAPOLIS, MN, 55449-5705
- **NAICS:** 562119
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.64M (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.22M
- **Rent:** $101K
- **Mortgage interest:** $101K
- **Utilities:** $101K
- **Health care:** $101K
- **Jobs reported:** 113
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*