PPP Loan information for Fordable logistics inc

$57,372

Fordable logistics inc was initially approved for PPP Loan of amount $57,372, the current approved amount is $57,372. The loan was approved on 04/30/2021 by The Readycap Lending, LLC reported 4 jobs and $57,372 was used to fund payroll.

Fordable logistics inc is Existing or more than 2 years old

FORDABLE LOGISTICS INC

Date Approved

04/30/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FORDABLE LOGISTICS INC

Borrower Address

124 4th Avenue Northeastnull 124 4th Avenue Northeastnull

Borrower City

Hutchinson

Borrower State

MN

Borrower Zip

55350

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

57372.00

Current Approval Amount

57372.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hutchinson

Project County Name

MCLEOD

Project State

MN

Project Zip

55350

CD

MN-07

Jobs Reported

4

NAICS Code

488490

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

57372.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

57491.46

Forgiveness Date

07/20/2021

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