PPP Loan information for Freight lines inc

$112,300

Freight lines inc was initially approved for PPP Loan of amount $112,300, the current approved amount is $112,300. The loan was approved on 05/14/2020 by The Magnifi Financial CU reported 10 jobs and $112,300 was used to fund payroll.

Freight lines inc is Existing or more than 2 years old

PPP Loan Search / MN / Prior Lake / Freight lines inc

FREIGHT LINES INC

Date Approved

05/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FREIGHT LINES INC

Borrower Address

3046 Hawk Ridge Rd NW

Borrower City

Prior Lake

Borrower State

MN

Borrower Zip

55372

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112300.00

Current Approval Amount

112300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Prior Lake

Project County Name

SCOTT

Project State

MN

Project Zip

55372-0001

CD

MN-02

Jobs Reported

10

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112300.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

102908.19

Forgiveness Date

12/22/2020

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