PPP Loan information for Hot-line freight system inc

$2,000,000

Hot-line freight system inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/20/2021 by The First Citizens Bank reported 195 jobs and $2,000,000 was used to fund payroll.

Hot-line freight system inc is Existing or more than 2 years old

HOT-LINE FREIGHT SYSTEM INC

Date Approved

01/20/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

HOT-LINE FREIGHT SYSTEM INC

Borrower Address

N4690 Bangor Industrial Pkwy

Borrower City

West Salem

Borrower State

WI

Borrower Zip

54669-3300

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24732

Servicing Lender Name

First Citizens Bank

Servicing Lender Address

2601 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4650

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Salem

Project County Name

LA CROSSE

Project State

WI

Project Zip

54669-3300

CD

WI-03

Jobs Reported

195

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

24732

Originating Lender

First Citizens Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2019666.67

Forgiveness Date

01/26/2022

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