PPP Loan information for Powerline freight systems, inc.

$636,477

Powerline freight systems, inc. was initially approved for PPP Loan of amount $636,477, the current approved amount is $636,477. The loan was approved on 04/09/2020 by The German American Bank reported 49 jobs and $636,477 was used to fund payroll.

Powerline freight systems, inc. is Existing or more than 2 years old

PPP Loan Search / IN / CHANDLER / Powerline freight systems, inc.

POWERLINE FREIGHT SYSTEMS, INC.

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

POWERLINE FREIGHT SYSTEMS, INC.

Borrower Address

740 W WASHINGTON ST

Borrower City

CHANDLER

Borrower State

IN

Borrower Zip

47610-9639

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

636477.00

Current Approval Amount

636477.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHANDLER

Project County Name

WARRICK

Project State

IN

Project Zip

47610-9639

CD

IN-08

Jobs Reported

49

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

636477.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

629875.42

Forgiveness Date

11/03/2020

;