PPP Loan information for North american railway services inc

$190,103

North american railway services inc was initially approved for PPP Loan of amount $190,103, the current approved amount is $190,103. The loan was approved on 01/25/2021 by The Progressive Bank reported 11 jobs and $190,103 was used to fund payroll.

North american railway services inc is Existing or more than 2 years old

NORTH AMERICAN RAILWAY SERVICES INC

Date Approved

01/25/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

NORTH AMERICAN RAILWAY SERVICES INC

Borrower Address

6585 Highway 1

Borrower City

Shreveport

Borrower State

LA

Borrower Zip

71107-8759

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

190103.30

Current Approval Amount

190103.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29371

Servicing Lender Name

Progressive Bank

Servicing Lender Address

1411 N 19th St

Servicing Lender City

MONROE

Servicing Lender State

LA

Servicing Lender Zip

71201-4939

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shreveport

Project County Name

CADDO

Project State

LA

Project Zip

71107-8759

CD

LA-04

Jobs Reported

11

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

190098.30

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

Subchapter S Corporation

Originating Lender Location Id

29371

Originating Lender

Progressive Bank

Originating Lender City

MONROE

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

191344.25

Forgiveness Date

09/21/2021

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