# PPP loan: MATERIAL RECOVERY INC.
> **$203K** approved 01/22/2021 · Paid in Full · Loan `3999318303`
## Borrower
- **Name:** MATERIAL RECOVERY INC.
- **Address:** 8100 W Florist Ave, Milwaukee, WI, 53218-1744
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $205K (101%)
- **Forgiveness date:** 03/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $203K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*