# PPP loan: NET RECYCLING LLC
> **$400K** approved 04/28/2021 · Paid in Full · Loan `4326928908`
## Borrower
- **Name:** NET RECYCLING LLC
- **Address:** 3600 S College Rd Ste E333, Wilmington, NC, 28412-5240
- **NAICS:** 325998
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $403K (101%)
- **Forgiveness date:** 02/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $399K
- **Jobs reported:** 57
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*