PPP Loan information for Posey logistics inc

$149,000

Posey logistics inc was initially approved for PPP Loan of amount $149,000, the current approved amount is $149,000. The loan was approved on 02/27/2021 by The Comerica Bank reported 12 jobs and $149,000 was used to fund payroll.

Posey logistics inc is Existing or more than 2 years old

POSEY LOGISTICS INC

Date Approved

02/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

POSEY LOGISTICS INC

Borrower Address

33 Hiram St

Borrower City

Lake Orion

Borrower State

MI

Borrower Zip

48360-2208

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149000.00

Current Approval Amount

149000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lake Orion

Project County Name

OAKLAND

Project State

MI

Project Zip

48360-2208

CD

MI-09

Jobs Reported

12

NAICS Code

484110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

148998.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150005.75

Forgiveness Date

11/03/2021

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