PPP Loan information for Ionic transportation

$2,062,000

Ionic transportation was initially approved for PPP Loan of amount $2,062,000, the current approved amount is $2,062,000. The loan was approved on 04/04/2020 by The Stockman Bank of Montana reported 137 jobs and $2,062,000 was used to fund payroll.

Ionic transportation is Existing or more than 2 years old

IONIC TRANSPORTATION

Date Approved

04/04/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

IONIC TRANSPORTATION

Borrower Address

5220 Midland Road

Borrower City

BILLINGS

Borrower State

MT

Borrower Zip

59101-6324

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2062000.00

Current Approval Amount

2062000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41971

Servicing Lender Name

Stockman Bank of Montana

Servicing Lender Address

700 Main St

Servicing Lender City

MILES CITY

Servicing Lender State

MT

Servicing Lender Zip

59301-3122

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BILLINGS

Project County Name

YELLOWSTONE

Project State

MT

Project Zip

59101-6324

CD

MT-02

Jobs Reported

137

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

123000.00

Payroll Proceed

1939000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

41971

Originating Lender

Stockman Bank of Montana

Originating Lender City

MILES CITY

Originating Lender State

MT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1682050.14

Forgiveness Date

06/11/2021

;