PPP Loan information for On time forwarding inc

$161,400

On time forwarding inc was initially approved for PPP Loan of amount $161,400, the current approved amount is $161,400. The loan was approved on 04/27/2020 by The International Bank of Commerce reported 20 jobs and $161,400 was used to fund payroll.

On time forwarding inc is Existing or more than 2 years old

PPP Loan Search / TX / LAREDO / On time forwarding inc

ON TIME FORWARDING INC

Date Approved

04/27/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

ON TIME FORWARDING INC

Borrower Address

8502 EL GATO RD

Borrower City

LAREDO

Borrower State

TX

Borrower Zip

78045

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

161400.00

Current Approval Amount

161400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70700

Servicing Lender Name

International Bank of Commerce

Servicing Lender Address

1200 San Bernardo Ave

Servicing Lender City

LAREDO

Servicing Lender State

TX

Servicing Lender Zip

78040-6301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAREDO

Project County Name

WEBB

Project State

TX

Project Zip

78045-0001

CD

TX-28

Jobs Reported

20

NAICS Code

493110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7445.00

Payroll Proceed

117955.00

Mortgage Interest Proceed

0.00

Rent Proceed

36000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

70700

Originating Lender

International Bank of Commerce

Originating Lender City

LAREDO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

163740.30

Forgiveness Date

10/06/2021

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