PPP Loan information for Compass logistics inc.

$114,910

Compass logistics inc. was initially approved for PPP Loan of amount $123,600, the current approved amount is $114,910. The loan was approved on 04/08/2020 by The Truist Bank reported 9 jobs and $114,910 was used to fund payroll.

Compass logistics inc. is Existing or more than 2 years old

COMPASS LOGISTICS INC.

Date Approved

04/08/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

COMPASS LOGISTICS INC.

Borrower Address

5356 Georgia Hwy 85 Ste 500

Borrower City

FOREST PARK

Borrower State

GA

Borrower Zip

30297-2472

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123600.00

Current Approval Amount

114909.60

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOREST PARK

Project County Name

CLAYTON

Project State

GA

Project Zip

30297-2472

CD

GA-05

Jobs Reported

9

NAICS Code

541614

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

114909.60

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

115825.68

Forgiveness Date

02/01/2021

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