PPP Loan information for Powertrans freight systems inc

$14,580

Powertrans freight systems inc was initially approved for PPP Loan of amount $14,580, the current approved amount is $14,580. The loan was approved on 02/24/2021 by The Metro City Bank reported 2 jobs and $14,580 was used to fund payroll.

Powertrans freight systems inc is Existing or more than 2 years old

PPP Loan Search / GA / Forest Park / Powertrans freight systems inc

POWERTRANS FREIGHT SYSTEMS INC

Date Approved

02/24/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

POWERTRANS FREIGHT SYSTEMS INC

Borrower Address

277 Southfield Pkwy Ste 110

Borrower City

Forest Park

Borrower State

GA

Borrower Zip

30297-2500

Loan Status Date

10/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

14580.00

Current Approval Amount

14580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440691

Servicing Lender Name

Metro City Bank

Servicing Lender Address

5114 Buford Hwy

Servicing Lender City

DORAVILLE

Servicing Lender State

GA

Servicing Lender Zip

30340-1105

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Forest Park

Project County Name

CLAYTON

Project State

GA

Project Zip

30297-2500

CD

GA-13

Jobs Reported

2

NAICS Code

488510

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

14576.00

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

440691

Originating Lender

Metro City Bank

Originating Lender City

DORAVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14650.70

Forgiveness Date

09/07/2021

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