PPP Loan information for On-trax rail equipment specialists, inc

$55,107

On-trax rail equipment specialists, inc was initially approved for PPP Loan of amount $55,107, the current approved amount is $55,107. The loan was approved on 05/01/2020 by The Gate City Bank reported 4 jobs and $55,107 was used to fund payroll.

On-trax rail equipment specialists, inc is Existing or more than 2 years old

ON-TRAX RAIL EQUIPMENT SPECIALISTS, INC

Date Approved

05/01/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

ON-TRAX RAIL EQUIPMENT SPECIALISTS, INC

Borrower Address

406 3RD ST E

Borrower City

WEST FARGO

Borrower State

ND

Borrower Zip

58078-2709

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55107.00

Current Approval Amount

55107.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77898

Servicing Lender Name

Gate City Bank

Servicing Lender Address

500 2nd Ave N

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58102-4864

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST FARGO

Project County Name

CASS

Project State

ND

Project Zip

58078-2709

CD

ND-

Jobs Reported

4

NAICS Code

488210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55107.00

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

Subchapter S Corporation

Originating Lender Location Id

77898

Originating Lender

Gate City Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55739.20

Forgiveness Date

07/06/2021

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