PPP Loan information for Hot-line freight systems inc

$2,772,300

Hot-line freight systems inc was initially approved for PPP Loan of amount $2,772,300, the current approved amount is $2,772,300. The loan was approved on 04/05/2020 by The First Citizens Bank reported 200 jobs and $2,772,300 was used to fund payroll.

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

PPP Loan Search / WI / WEST SALEM / Hot-line freight systems inc

HOT-LINE FREIGHT SYSTEMS INC

Date Approved

04/05/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

HOT-LINE FREIGHT SYSTEMS INC

Borrower Address

PO Box 205 N4690 BANGOR INDUSTRIAL PKWY

Borrower City

WEST SALEM

Borrower State

WI

Borrower Zip

54669-3300

Loan Status Date

04/08/2023

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

2772300.00

Current Approval Amount

2772300.00

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

200

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

300000.00

Payroll Proceed

2080000.00

Mortgage Interest Proceed

92300.00

Rent Proceed

300000.00

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

2699933.90

Forgiveness Date

10/27/2021

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