PPP Loan information for General freight corp

$412,645

General freight corp was initially approved for PPP Loan of amount $412,645, the current approved amount is $412,645. The loan was approved on 06/23/2020 by The WebBank reported 45 jobs and $412,645 was used to fund payroll.

General freight corp is Existing or more than 2 years old

GENERAL FREIGHT CORP

Date Approved

06/23/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

GENERAL FREIGHT CORP

Borrower Address

17090 NE San Rafael St. Suite C

Borrower City

Portland

Borrower State

OR

Borrower Zip

97230-6084

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

412645.00

Current Approval Amount

412645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97230-6084

CD

OR-03

Jobs Reported

45

NAICS Code

484230

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

412645.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

418742.98

Forgiveness Date

12/09/2021

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