PPP Loan information for American consolidated freightways corporation

$698,200

American consolidated freightways corporation was initially approved for PPP Loan of amount $698,200, the current approved amount is $698,200. The loan was approved on 05/26/2020 by The Live Oak Banking Company reported 36 jobs and $698,200 was used to fund payroll.

American consolidated freightways corporation is New Business or 2 years or less

AMERICAN CONSOLIDATED FREIGHTWAYS CORPORATION

Date Approved

05/26/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AMERICAN CONSOLIDATED FREIGHTWAYS CORPORATION

Borrower Address

19 Lexington Ave

Borrower City

East Brunswick

Borrower State

NJ

Borrower Zip

08816

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

698200.00

Current Approval Amount

698200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

East Brunswick

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08816-0001

CD

NJ-12

Jobs Reported

36

NAICS Code

488510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

698200.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

707764.38

Forgiveness Date

10/19/2021

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