AR RECYCLING LLC (AL) - 2020 PPP Loan Borrower Profile (# 3045617106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AR RECYCLING LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alabama.

Loan Detail

Loan Number

3045617106

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$122,400

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$123,389.4

Date Loan was Forgiven

Feb 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

12,100

Payroll Proced

91,850

Mortgage Interest Proceed

1,000

Rent Proceed

17,450

Lender

Peoples Bank of Alabama

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

423930

Borrower Location

LACEYS SPRING, AL

Project Location

LACEYS SPRING, AL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.