PPP Loan information for Safetrans transportation inc

$1,342,878

Safetrans transportation inc was initially approved for PPP Loan of amount $1,342,878, the current approved amount is $1,342,878. The loan was approved on 02/02/2021 by The Cathay Bank reported 292 jobs and $1,342,878 was used to fund payroll.

Safetrans transportation inc is Existing or more than 2 years old

SAFETRANS TRANSPORTATION INC

Date Approved

02/02/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

SAFETRANS TRANSPORTATION INC

Borrower Address

505 Burke St

Borrower City

San Jose

Borrower State

CA

Borrower Zip

95112-4102

Loan Status Date

10/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1342878.00

Current Approval Amount

1342878.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5536

Servicing Lender Name

Cathay Bank

Servicing Lender Address

777 N Broadway

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90012-2819

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

San Jose

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95112-4102

CD

CA-16

Jobs Reported

292

NAICS Code

485410

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1342872.00

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

5536

Originating Lender

Cathay Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1364621.59

Forgiveness Date

09/20/2022

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