# PPP loan: RESOURCE RECYCLING SYSTEMS, INCORPORATED
> **$821K** approved 04/28/2020 · Paid in Full · Loan `9937127202`
## Borrower
- **Name:** RESOURCE RECYCLING SYSTEMS, INCORPORATED
- **Address:** 416 Longshore Drive,, Ann Arbor, MI, 48105-1624
- **NAICS:** 541620
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $821K
- **Initial approval:** $821K
- **Forgiven:** $831K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $657K
- **Mortgage interest:** $164K
- **Jobs reported:** 47
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*