PPP Loan information for Maximum logistics 1 llc

$291,700

Maximum logistics 1 llc was initially approved for PPP Loan of amount $291,700, the current approved amount is $291,700. The loan was approved on 03/24/2021 by The New Horizon Bank, National Association reported 110 jobs and $291,700 was used to fund payroll.

Maximum logistics 1 llc is Existing or more than 2 years old

MAXIMUM LOGISTICS 1 LLC

Date Approved

03/24/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MAXIMUM LOGISTICS 1 LLC

Borrower Address

512 Lavender Ln

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23462-2033

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

291700.00

Current Approval Amount

291700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

470277

Servicing Lender Name

New Horizon Bank, National Association

Servicing Lender Address

1870 Stoneridge Commerce Dr

Servicing Lender City

POWHATAN

Servicing Lender State

VA

Servicing Lender Zip

23139-6640

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Virginia Beach

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23462-2033

CD

VA-02

Jobs Reported

110

NAICS Code

488510

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

291700.00

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

470277

Originating Lender

New Horizon Bank, National Association

Originating Lender City

POWHATAN

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

293602.04

Forgiveness Date

12/01/2021

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