PPP Loan information for Phillips transportation systems inc.

$135,700

Phillips transportation systems inc. was initially approved for PPP Loan of amount $135,700, the current approved amount is $135,700. The loan was approved on 02/08/2021 by The First Bank reported 40 jobs and $135,700 was used to fund payroll.

Phillips transportation systems inc. is Existing or more than 2 years old

PPP Loan Search / NC / Fayetteville / Phillips transportation systems inc.

PHILLIPS TRANSPORTATION SYSTEMS INC.

Date Approved

02/08/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PHILLIPS TRANSPORTATION SYSTEMS INC.

Borrower Address

327 Alexander St

Borrower City

Fayetteville

Borrower State

NC

Borrower Zip

28301-5752

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135700.00

Current Approval Amount

135700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fayetteville

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28301-5752

CD

NC-07

Jobs Reported

40

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

135696.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

136397.35

Forgiveness Date

08/17/2021

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