SBA lending record
PROGRESSIVE RECYCLING LLC
2752 SIMPSON CIR, Norcross, GA 30071 · Recyclable Material Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$3.5M
Total SBA financing
2
Loans on record
FY2025
On record
32
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$2,656,000 — FY2025
Loan 1 of 2- Gross approval
- $2,656,000
- SBA guaranteed
- $1,992,000 (75%)
- Status
- Current
- Rate at approval
- 9.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/3/2025
- First disbursement
- 3/20/2025
- Days to fund
- 17 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 16
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Recyclable Material Merchant Wholesalers
- NAICS code
- 423930
- Lender
- VelocitySBA, LLC
- Address
- 2752 SIMPSON CIR
- City
- Norcross, 30071
- County
- Gwinnett
- SBA district office
- GEORGIA DISTRICT OFFICE
- Congressional district
- 7
$889,000 — FY2025
Loan 2 of 2- Gross approval
- $889,000
- SBA guaranteed
- $666,750 (75%)
- Status
- Current
- Rate at approval
- 9% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/3/2025
- First disbursement
- 3/20/2025
- Days to fund
- 17 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 16
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Recyclable Material Merchant Wholesalers
- NAICS code
- 423930
- Lender
- VelocitySBA, LLC
- Address
- 2752 SIMPSON CIR
- City
- Norcross, 30071
- County
- Gwinnett
- SBA district office
- GEORGIA DISTRICT OFFICE
- Congressional district
- 7
The lender
Find SBA lenders for businesses like this
The banks most active funding recyclable material merchant wholesalers — by location, industry.
Similar businesses
Comparable recyclable material merchant wholesalers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
REMETALES INC
Norcross, GA· ~3 mi
Recyclable Material Merchant Wholesalers
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Global Impex Inc
Lawrenceville, GA· ~5 mi
Recyclable Material Merchant Wholesalers
- $9.0M
- SBA financing
- ≈ $18M–$29M
- Est. revenue (rough)
MJ Franchises LLC
Peachtree Corners, GA· ~5 mi
The Junkluggers
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
John's Logistics, LLC
Suwanee, GA· ~6 mi
Recyclable Material Merchant Wholesalers
- $90K
- SBA financing
- ≈ $176K–$294K
- Est. revenue (rough)
Sawgrass Sustainable LLC
Scottsboro, AL· ~117 mi
Recyclable Material Merchant Wholesalers
- $2.7M
- SBA financing
- ≈ $5.3M–$8.8M
- Est. revenue (rough)
FUSION GREEN TECHNOLOGY INC
Cornelia, GA· ~54 mi
Recyclable Material Merchant Wholesalers
- $1.2M
- SBA financing
- ≈ $2.4M–$4.1M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for PROGRESSIVE RECYCLING LLC in Norcross, GA (Recyclable Material Merchant Wholesalers). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 2 SBA 7(a) loans totaling $3.5M
- On record FY2025
- 32 jobs supported
- Industry: Recyclable Material Merchant Wholesalers
- Location: Norcross, GA
- Lender: VelocitySBA, LLC
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Recyclable Material Merchant Wholesalers businesses in GA for ~$1.8M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with PROGRESSIVE RECYCLING LLC.