PPP Loan information for On time transport, inc.

$40,532

On time transport, inc. was initially approved for PPP Loan of amount $40,532, the current approved amount is $40,532. The loan was approved on 04/15/2020 by The Midland States Bank reported 5 jobs and $40,532 was used to fund payroll.

On time transport, inc. is Existing or more than 2 years old

ON TIME TRANSPORT, INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ON TIME TRANSPORT, INC.

Borrower Address

780 W. Army Trail Rd Unit 171

Borrower City

CAROL STREAM

Borrower State

IL

Borrower Zip

60188-9297

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40532.00

Current Approval Amount

40532.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21299

Servicing Lender Name

Midland States Bank

Servicing Lender Address

110 S. 5th St

Servicing Lender City

EFFINGHAM

Servicing Lender State

IL

Servicing Lender Zip

62401-2453

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAROL STREAM

Project County Name

DUPAGE

Project State

IL

Project Zip

60188-9297

CD

IL-08

Jobs Reported

5

NAICS Code

484122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40532.00

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

Subchapter S Corporation

Originating Lender Location Id

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40765.20

Forgiveness Date

11/23/2020

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