PPP Loan information for Mtc transportation inc

$278,791

Mtc transportation inc was initially approved for PPP Loan of amount $278,791, the current approved amount is $278,791. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 27 jobs and $278,791 was used to fund payroll.

Mtc transportation inc is New Business or 2 years or less

PPP Loan Search / GA / FAIRBURN / Mtc transportation inc

MTC TRANSPORTATION INC

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MTC TRANSPORTATION INC

Borrower Address

4605 COATES DR STE B

Borrower City

FAIRBURN

Borrower State

GA

Borrower Zip

30213-2985

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

278791.00

Current Approval Amount

278791.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

FAIRBURN

Project County Name

FULTON

Project State

GA

Project Zip

30213-2985

CD

GA-13

Jobs Reported

27

NAICS Code

488510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

278791.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

280494.30

Forgiveness Date

12/15/2020

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