PPP Loan information for Advanced cargo transportation inc

$432,357

Advanced cargo transportation inc was initially approved for PPP Loan of amount $432,357, the current approved amount is $432,357. The loan was approved on 02/12/2021 by The Santander Bank, National Association reported 30 jobs and $432,357 was used to fund payroll.

Advanced cargo transportation inc is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / Advanced cargo transportation inc

ADVANCED CARGO TRANSPORTATION INC

Date Approved

02/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ADVANCED CARGO TRANSPORTATION INC

Borrower Address

19 Hyatt Ave

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07105-4206

Loan Status Date

04/15/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

432357.00

Current Approval Amount

432357.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07105-4206

CD

NJ-10

Jobs Reported

30

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

432351.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

441134.44

Forgiveness Date

02/28/2023

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