Date Approved
04/28/2020
SBA Office Code
0455
Processing Method
PPP
Borrower Name
RAIL TEK INC
Borrower Address
2278 Industrial Blvd
Borrower City
SARASOTA
Borrower State
FL
Borrower Zip
34234
Loan Status Date
03/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
49700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
19595
Servicing Lender Name
Ameris Bank
Servicing Lender Address
3490 Piedmont Rd NE, Ste 124
Servicing Lender City
ATLANTA
Servicing Lender State
GA
Servicing Lender Zip
30305
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
34234-0001
CD
FL-17
Jobs Reported
4
NAICS Code
336214
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
9940.00
Payroll Proceed
39760.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
50058.11
Forgiveness Date
01/25/2021