PPP Loan information for Purpose transportation, llc

$89,300

Purpose transportation, llc was initially approved for PPP Loan of amount $91,100, the current approved amount is $89,300. The loan was approved on 04/11/2020 by The First State Bank reported 6 jobs and $89,300 was used to fund payroll.

Purpose transportation, llc is Existing or more than 2 years old

PURPOSE TRANSPORTATION, LLC

Date Approved

04/11/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

PURPOSE TRANSPORTATION, LLC

Borrower Address

1990 N State Highway 360

Borrower City

Grand Prairie

Borrower State

TX

Borrower Zip

75050-1421

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

91100.00

Current Approval Amount

89300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69976

Servicing Lender Name

First State Bank

Servicing Lender Address

801 E California St

Servicing Lender City

GAINESVILLE

Servicing Lender State

TX

Servicing Lender Zip

76240-4276

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Prairie

Project County Name

TARRANT

Project State

TX

Project Zip

75050-1421

CD

TX-33

Jobs Reported

6

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

84835.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4465.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

69976

Originating Lender

First State Bank

Originating Lender City

GAINESVILLE

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

84871.23

Forgiveness Date

12/17/2020

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