PPP Loan information for Advantage logistics inc

$561,900

Advantage logistics inc was initially approved for PPP Loan of amount $561,900, the current approved amount is $561,900. The loan was approved on 03/12/2021 by The Bank of Cleveland reported 45 jobs and $561,900 was used to fund payroll.

Advantage logistics inc is Existing or more than 2 years old

PPP Loan Search / TN / Cleveland / Advantage logistics inc

ADVANTAGE LOGISTICS INC

Date Approved

03/12/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ADVANTAGE LOGISTICS INC

Borrower Address

304 Industrial Way SW

Borrower City

Cleveland

Borrower State

TN

Borrower Zip

37311-7123

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

561900.00

Current Approval Amount

561900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111724

Servicing Lender Name

Bank of Cleveland

Servicing Lender Address

75 Bobby Taylor Ave

Servicing Lender City

Cleveland

Servicing Lender State

TN

Servicing Lender Zip

37311

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cleveland

Project County Name

BRADLEY

Project State

TN

Project Zip

37311-7123

CD

TN-04

Jobs Reported

45

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

561898.00

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

Subchapter S Corporation

Originating Lender Location Id

111724

Originating Lender

Bank of Cleveland

Originating Lender City

Cleveland

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

564007.12

Forgiveness Date

07/30/2021

;