PPP Loan information for Loftin brothers transportation company, inc.

$207,000

Loftin brothers transportation company, inc. was initially approved for PPP Loan of amount $207,000, the current approved amount is $207,000. The loan was approved on 04/11/2020 by The River Bank & Trust reported 20 jobs and $207,000 was used to fund payroll.

Loftin brothers transportation company, inc. is Existing or more than 2 years old

LOFTIN BROTHERS TRANSPORTATION COMPANY, INC.

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LOFTIN BROTHERS TRANSPORTATION COMPANY, INC.

Borrower Address

100 OWEN CT

Borrower City

MONTGOMERY

Borrower State

AL

Borrower Zip

36108-1711

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

207000.00

Current Approval Amount

207000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTGOMERY

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36108-1711

CD

AL-02

Jobs Reported

20

NAICS Code

484121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1940.00

Payroll Proceed

169027.00

Mortgage Interest Proceed

0.00

Rent Proceed

18000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14844.00

Debt Interest Proceed

3189

Business Type

Corporation

Originating Lender Location Id

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

208523.75

Forgiveness Date

01/11/2021

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