PPP Loan information for System freight inc

$7,985,000

System freight inc was initially approved for PPP Loan of amount $7,985,000, the current approved amount is $7,985,000. The loan was approved on 04/27/2020 by The PNC Bank, National Association reported 487 jobs and $7,985,000 was used to fund payroll.

System freight inc is Unanswered

PPP Loan Search / NJ / JAMESBURG / System freight inc

SYSTEM FREIGHT INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SYSTEM FREIGHT INC

Borrower Address

7 CENTRE DR STE 5

Borrower City

JAMESBURG

Borrower State

NJ

Borrower Zip

08831-1565

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7985000.00

Current Approval Amount

7985000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

JAMESBURG

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08831-1565

CD

NJ-12

Jobs Reported

487

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7985000.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8125846.53

Forgiveness Date

01/28/2022

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