# PPP loan: ARUNDEL RECYCLING CENTER INC
> **$275K** approved 04/15/2020 · Paid in Full · Loan `9044237105`
## Borrower
- **Name:** ARUNDEL RECYCLING CENTER INC
- **Address:** 7517 CONNELLEY DRIVE, Hanover, MD, 21076
- **NAICS:** 325998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $206K
- **Rent:** $23K
- **Utilities:** $23K
- **Health care:** $23K
- **Jobs reported:** 19
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*