PPP Loan information for Cargo transit inc

$16,718

Cargo transit inc was initially approved for PPP Loan of amount $16,718, the current approved amount is $16,718. The loan was approved on 04/30/2020 by The Customers Bank reported 2 jobs and $16,718 was used to fund payroll.

Cargo transit inc is Existing or more than 2 years old

CARGO TRANSIT INC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CARGO TRANSIT INC

Borrower Address

127 Cozy Mountain Lane

Borrower City

Weaverville

Borrower State

NC

Borrower Zip

28787

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16718.00

Current Approval Amount

16718.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Weaverville

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28787-0001

CD

NC-11

Jobs Reported

2

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16718.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

16823.80

Forgiveness Date

12/22/2020

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