PPP Loan information for The logistics company inc

$5,995,599

The logistics company inc was initially approved for PPP Loan of amount $5,995,599, the current approved amount is $5,995,599. The loan was approved on 04/16/2020 by The First Horizon Bank reported 500 jobs and $5,995,599 was used to fund payroll.

The logistics company inc is Existing or more than 2 years old

THE LOGISTICS COMPANY INC

Date Approved

04/16/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE LOGISTICS COMPANY INC

Borrower Address

3400 WALSH PKWY

Borrower City

FAYETTEVILLE

Borrower State

NC

Borrower Zip

28311-1642

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5995599.00

Current Approval Amount

5995599.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAYETTEVILLE

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28311-1642

CD

NC-09

Jobs Reported

500

NAICS Code

561210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5995599.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6064215.30

Forgiveness Date

06/17/2021

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