PPP Loan information for Buy rite logistics, inc

$447,700

Buy rite logistics, inc was initially approved for PPP Loan of amount $447,700, the current approved amount is $447,700. The loan was approved on 04/03/2020 by The American Bank, National Association reported 63 jobs and $447,700 was used to fund payroll.

Buy rite logistics, inc is Existing or more than 2 years old

PPP Loan Search / IA / LE MARS / Buy rite logistics, inc

BUY RITE LOGISTICS, INC

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

BUY RITE LOGISTICS, INC

Borrower Address

1811 Industrial Rd SW

Borrower City

LE MARS

Borrower State

IA

Borrower Zip

51031-3042

Loan Status Date

04/02/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

447700.00

Current Approval Amount

447700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25420

Servicing Lender Name

American Bank, National Association

Servicing Lender Address

234 5th Ave SW

Servicing Lender City

LE MARS

Servicing Lender State

IA

Servicing Lender Zip

51031-1917

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LE MARS

Project County Name

PLYMOUTH

Project State

IA

Project Zip

51031-3042

CD

IA-04

Jobs Reported

63

NAICS Code

321920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

447700.00

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

25420

Originating Lender

American Bank, National Association

Originating Lender City

LE MARS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

452029.81

Forgiveness Date

04/02/2021

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