PPP Loan information for Intersection logistics llc

$398,400

Intersection logistics llc was initially approved for PPP Loan of amount $398,400, the current approved amount is $398,400. The loan was approved on 04/14/2020 by The Truist Bank reported 90 jobs and $398,400 was used to fund payroll.

Intersection logistics llc is New Business or 2 years or less

INTERSECTION LOGISTICS LLC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

INTERSECTION LOGISTICS LLC

Borrower Address

9650 STRICKLAND RD STES 103-135

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27615-1903

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

398400.00

Current Approval Amount

398400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27615-1903

CD

NC-02

Jobs Reported

90

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

398400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

401565.07

Forgiveness Date

02/03/2021

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