PPP Loan information for Sutton bus & truck co., inc.

$639,200

Sutton bus & truck co., inc. was initially approved for PPP Loan of amount $639,200, the current approved amount is $639,200. The loan was approved on 05/01/2020 by The Meridian Bank reported 80 jobs and $639,200 was used to fund payroll.

Sutton bus & truck co., inc. is Unanswered

SUTTON BUS & TRUCK CO., INC.

Date Approved

05/01/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

SUTTON BUS & TRUCK CO., INC.

Borrower Address

5609 Old Capitol Trail

Borrower City

WILMINGTON

Borrower State

DE

Borrower Zip

19808

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

639200.00

Current Approval Amount

639200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

WILMINGTON

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19808-0001

CD

DE-

Jobs Reported

80

NAICS Code

488490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

634200.00

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

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

645434.39

Forgiveness Date

04/29/2021

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