PPP Loan information for Rail direct transportation company

$178,400

Rail direct transportation company was initially approved for PPP Loan of amount $178,400, the current approved amount is $178,400. The loan was approved on 04/10/2020 by The TowneBank reported 22 jobs and $178,400 was used to fund payroll.

Rail direct transportation company is Existing or more than 2 years old

PPP Loan Search / VA / PORTSMOUTH / Rail direct transportation company

RAIL DIRECT TRANSPORTATION COMPANY

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RAIL DIRECT TRANSPORTATION COMPANY

Borrower Address

801 Broad Street, STE 201

Borrower City

PORTSMOUTH

Borrower State

VA

Borrower Zip

23707-2000

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

178400.00

Current Approval Amount

178400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTSMOUTH

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23707-2000

CD

VA-03

Jobs Reported

22

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

178400.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

179485.27

Forgiveness Date

11/27/2020

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