PPP Loan information for Brite logistics inc.

$3,725,690

Brite logistics inc. was initially approved for PPP Loan of amount $3,725,600, the current approved amount is $3,725,690. The loan was approved on 04/07/2020 by The Old Plank Trail Community Bank, National Association reported 191 jobs and $3,725,690 was used to fund payroll.

Brite logistics inc. is Existing or more than 2 years old

PPP Loan Search / IL / CHICAGO / Brite logistics inc.

BRITE LOGISTICS INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BRITE LOGISTICS INC.

Borrower Address

5000 HOMAN AVE

Borrower City

CHICAGO

Borrower State

IL

Borrower Zip

60632-3059

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

3725600.00

Current Approval Amount

3725690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438799

Servicing Lender Name

Old Plank Trail Community Bank, National Association

Servicing Lender Address

20012 Wolf Rd

Servicing Lender City

MOKENA

Servicing Lender State

IL

Servicing Lender Zip

60448-9953

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHICAGO

Project County Name

COOK

Project State

IL

Project Zip

60632-3059

CD

IL-04

Jobs Reported

191

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

465711.00

Payroll Proceed

2794268.00

Mortgage Interest Proceed

465711.00

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

438799

Originating Lender

Old Plank Trail Community Bank, National Association

Originating Lender City

MOKENA

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

607161.74

Forgiveness Date

06/11/2021

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