PPP Loan information for Ceres transportation group inc

$498,129

Ceres transportation group inc was initially approved for PPP Loan of amount $294,847, the current approved amount is $498,129. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 37 jobs and $498,129 was used to fund payroll.

Ceres transportation group inc is New Business or 2 years or less

CERES TRANSPORTATION GROUP INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CERES TRANSPORTATION GROUP INC

Borrower Address

3401 INTERNATIONAL AIRPORT DR STE 200

Borrower City

CHARLOTTE

Borrower State

NC

Borrower Zip

28208-5788

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

294847.00

Current Approval Amount

498129.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CHARLOTTE

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28208-5788

CD

NC-14

Jobs Reported

37

NAICS Code

488510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

498129.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

490924.04

Forgiveness Date

12/23/2020

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