PPP Loan information for Rail services inc.

$291,098

Rail services inc. was initially approved for PPP Loan of amount $291,098, the current approved amount is $291,098. The loan was approved on 03/12/2021 by The First Southern National Bank reported 34 jobs and $291,098 was used to fund payroll.

Rail services inc. is Existing or more than 2 years old

RAIL SERVICES INC.

Date Approved

03/12/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

RAIL SERVICES INC.

Borrower Address

640 Gary Johnson Ln

Borrower City

Calvert City

Borrower State

KY

Borrower Zip

42029

Loan Status Date

11/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

291097.70

Current Approval Amount

291097.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27159

Servicing Lender Name

First Southern National Bank

Servicing Lender Address

27 Public Sq

Servicing Lender City

LANCASTER

Servicing Lender State

KY

Servicing Lender Zip

40444-1403

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Calvert City

Project County Name

MARSHALL

Project State

KY

Project Zip

42029

CD

KY-01

Jobs Reported

34

NAICS Code

488210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

291096.70

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

27159

Originating Lender

First Southern National Bank

Originating Lender City

LANCASTER

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

293027.72

Forgiveness Date

11/15/2021

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