PPP Loan information for Overdrive logistics inc

$660,000

Overdrive logistics inc was initially approved for PPP Loan of amount $660,000, the current approved amount is $660,000. The loan was approved on 04/27/2020 by The Truist Bank reported 52 jobs and $660,000 was used to fund payroll.

Overdrive logistics inc is Existing or more than 2 years old

PPP Loan Search / GA / Gainesville / Overdrive logistics inc

OVERDRIVE LOGISTICS INC

Date Approved

04/27/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

OVERDRIVE LOGISTICS INC

Borrower Address

1856 Thompson Bridge Road, Suite 107

Borrower City

Gainesville

Borrower State

GA

Borrower Zip

30501

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

660000.00

Current Approval Amount

660000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gainesville

Project County Name

HALL

Project State

GA

Project Zip

30501-0001

CD

GA-09

Jobs Reported

52

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

660000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

668158.33

Forgiveness Date

07/26/2021

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