# PPP loan: WASTE RECYCLING INC
> **$924K** approved 04/09/2020 · Paid in Full · Loan `9002057003`
## Borrower
- **Name:** WASTE RECYCLING INC
- **Address:** 824 NORTH DECATUR STREET, MONTGOMERY, AL, 36104
- **NAICS:** 562920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $924K
- **Initial approval:** $924K
- **Forgiven:** $930K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $739K
- **Rent:** $43K
- **Mortgage interest:** $5K
- **Utilities:** $35K
- **Health care:** $86K
- **Debt interest:** $16K
- **Jobs reported:** 117
## Lender
- **Originating:** AmeriFirst Bank
- **Servicing:** AmeriFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*