PPP Loan information for Mid east railroad service inc

$226,980

Mid east railroad service inc was initially approved for PPP Loan of amount $211,400, the current approved amount is $226,980. The loan was approved on 04/10/2020 by The Truist Bank reported 19 jobs and $226,980 was used to fund payroll.

Mid east railroad service inc is Existing or more than 2 years old

MID EAST RAILROAD SERVICE INC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MID EAST RAILROAD SERVICE INC

Borrower Address

644 Niagara Carthage Rd

Borrower City

CARTHAGE

Borrower State

NC

Borrower Zip

28327-8932

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

211400.00

Current Approval Amount

226980.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARTHAGE

Project County Name

MOORE

Project State

NC

Project Zip

28327-8932

CD

NC-09

Jobs Reported

19

NAICS Code

488210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

226980.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

230220.77

Forgiveness Date

10/12/2021

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