PPP Loan information for Montgomery air freight inc

$1,071,000

Montgomery air freight inc was initially approved for PPP Loan of amount $1,071,000, the current approved amount is $1,071,000. The loan was approved on 04/07/2020 by The River Bank & Trust reported 120 jobs and $1,071,000 was used to fund payroll.

Montgomery air freight inc is Existing or more than 2 years old

PPP Loan Search / AL / MONTGOMERY / Montgomery air freight inc

MONTGOMERY AIR FREIGHT INC

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MONTGOMERY AIR FREIGHT INC

Borrower Address

4820 WESTPORT BLVD

Borrower City

MONTGOMERY

Borrower State

AL

Borrower Zip

36108-5077

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1071000.00

Current Approval Amount

1071000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTGOMERY

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36108-5077

CD

AL-07

Jobs Reported

120

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5749.00

Payroll Proceed

995408.00

Mortgage Interest Proceed

1484.00

Rent Proceed

27524.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40835.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1077991.25

Forgiveness Date

12/08/2020

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