PPP Loan information for Bakston freight systems, inc.

$193,800

Bakston freight systems, inc. was initially approved for PPP Loan of amount $193,800, the current approved amount is $193,800. The loan was approved on 04/06/2020 by The State Bank of Southern Utah reported 13 jobs and $193,800 was used to fund payroll.

Bakston freight systems, inc. is Existing or more than 2 years old

BAKSTON FREIGHT SYSTEMS, INC.

Date Approved

04/06/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

BAKSTON FREIGHT SYSTEMS, INC.

Borrower Address

1522 E COMMERCE DR

Borrower City

SAINT GEORGE

Borrower State

UT

Borrower Zip

84790-4672

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

193800.00

Current Approval Amount

193800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72214

Servicing Lender Name

State Bank of Southern Utah

Servicing Lender Address

377 N Main St

Servicing Lender City

CEDAR CITY

Servicing Lender State

UT

Servicing Lender Zip

84721-2639

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT GEORGE

Project County Name

WASHINGTON

Project State

UT

Project Zip

84790-4672

CD

UT-02

Jobs Reported

13

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

193800.00

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

72214

Originating Lender

State Bank of Southern Utah

Originating Lender City

CEDAR CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

195015.90

Forgiveness Date

11/25/2020

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