PPP Loan information for Expressit logistics inc

$802,400

Expressit logistics inc was initially approved for PPP Loan of amount $802,400, the current approved amount is $802,400. The loan was approved on 04/15/2020 by The First-Citizens Bank & Trust Company reported 124 jobs and $802,400 was used to fund payroll.

Expressit logistics inc is Existing or more than 2 years old

EXPRESSIT LOGISTICS INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

EXPRESSIT LOGISTICS INC

Borrower Address

51 Melcher St. First Floor

Borrower City

BOSTON

Borrower State

MA

Borrower Zip

02210

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

802400.00

Current Approval Amount

802400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOSTON

Project County Name

SUFFOLK

Project State

MA

Project Zip

02210-1000

CD

MA-07

Jobs Reported

124

NAICS Code

492110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

802400.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

809126.97

Forgiveness Date

02/25/2021

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