PPP Loan information for Last mile inc

$2,500,000

Last mile inc was initially approved for PPP Loan of amount $2,500,000, the current approved amount is $2,500,000. The loan was approved on 04/29/2020 by The American Express National Bank reported 400 jobs and $2,500,000 was used to fund payroll.

Last mile inc is Existing or more than 2 years old

PPP Loan Search / AZ / Scottsdale / Last mile inc

LAST MILE INC

Date Approved

04/29/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

LAST MILE INC

Borrower Address

10632 N Scottsdale Rd Ste 601

Borrower City

Scottsdale

Borrower State

AZ

Borrower Zip

85254

Loan Status Date

06/06/2020

Loan Status

Charged Off

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2500000.00

Current Approval Amount

2500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Scottsdale

Project County Name

MARICOPA

Project State

AZ

Project Zip

85254-0001

CD

AZ-01

Jobs Reported

400

NAICS Code

492110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

125000.00

Payroll Proceed

1625000.00

Mortgage Interest Proceed

0.00

Rent Proceed

625000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

125000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

370227.92

Forgiveness Date

09/09/2021

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