PPP Loan information for Resource logistics inc

$2,398,000

Resource logistics inc was initially approved for PPP Loan of amount $2,398,000, the current approved amount is $2,398,000. The loan was approved on 04/07/2020 by The City National Bank reported 132 jobs and $2,398,000 was used to fund payroll.

Resource logistics inc is Existing or more than 2 years old

PPP Loan Search / NJ / EAST BRUNSWICK / Resource logistics inc

RESOURCE LOGISTICS INC

Date Approved

04/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RESOURCE LOGISTICS INC

Borrower Address

39 E MILLTOWN RD

Borrower City

EAST BRUNSWICK

Borrower State

NJ

Borrower Zip

08816-2390

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2398000.00

Current Approval Amount

2398000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST BRUNSWICK

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08816-2390

CD

NJ-12

Jobs Reported

132

NAICS Code

531120

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2398000.00

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

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2428615.56

Forgiveness Date

08/03/2021

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