PPP Loan information for Tranco logistics llc

$2,453,700

Tranco logistics llc was initially approved for PPP Loan of amount $2,453,700, the current approved amount is $2,453,700. The loan was approved on 04/10/2020 by The Truist Bank reported 281 jobs and $2,453,700 was used to fund payroll.

Tranco logistics llc is Existing or more than 2 years old

TRANCO LOGISTICS LLC

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

TRANCO LOGISTICS LLC

Borrower Address

5901 SHALLOWFORD RD

Borrower City

CHATTANOOGA

Borrower State

TN

Borrower Zip

37421-2295

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2453700.00

Current Approval Amount

2453700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHATTANOOGA

Project County Name

HAMILTON

Project State

TN

Project Zip

37421-2295

CD

TN-03

Jobs Reported

281

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2453700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2481985.71

Forgiveness Date

06/11/2021

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