PPP Loan information for Hot transportation inc

$20,297

Hot transportation inc was initially approved for PPP Loan of amount $187,500, the current approved amount is $20,297. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $20,297 was used to fund payroll.

Hot transportation inc is New Business or 2 years or less

HOT TRANSPORTATION INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

HOT TRANSPORTATION INC

Borrower Address

1530 N BROADWAY ST

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60435-2672

Loan Status Date

09/20/2022

Loan Status

Charged Off

Term

30

SBA Guaranty Percentage

100

Initial Approval Amount

187500.00

Current Approval Amount

20297.00

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

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60435-2672

CD

IL-14

Jobs Reported

11

NAICS Code

488210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20297.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10496.96

Forgiveness Date

04/14/2022

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