PPP Loan information for Sodrel truck lines inc

$2,596,991

Sodrel truck lines inc was initially approved for PPP Loan of amount $2,596,991, the current approved amount is $2,596,991. The loan was approved on 04/08/2021 by The The Paducah Bank and Trust Company reported 229 jobs and $2,596,991 was used to fund payroll.

Sodrel truck lines inc is Existing or more than 2 years old

PPP Loan Search / IN / Jeffersonville / Sodrel truck lines inc

SODREL TRUCK LINES INC

Date Approved

04/08/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SODREL TRUCK LINES INC

Borrower Address

1 Sodrel Dr

Borrower City

Jeffersonville

Borrower State

IN

Borrower Zip

47129-2826

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2596991.00

Current Approval Amount

2596991.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27680

Servicing Lender Name

The Paducah Bank and Trust Company

Servicing Lender Address

555 Jefferson St

Servicing Lender City

PADUCAH

Servicing Lender State

KY

Servicing Lender Zip

42001-1088

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jeffersonville

Project County Name

CLARK

Project State

IN

Project Zip

47129-2826

CD

IN-09

Jobs Reported

229

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2596991.00

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

27680

Originating Lender

The Paducah Bank and Trust Company

Originating Lender City

PADUCAH

Originating Lender State

KY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

2613355.60

Forgiveness Date

12/02/2021

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