PPP Loan information for Transcontinental logistics inc

$50,000

Transcontinental logistics inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 8 jobs and $50,000 was used to fund payroll.

Transcontinental logistics inc is New Business or 2 years or less

PPP Loan Search / NC / KINGS MOUNTAIN / Transcontinental logistics inc

TRANSCONTINENTAL LOGISTICS INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TRANSCONTINENTAL LOGISTICS INC

Borrower Address

1726 SHELBY ROAD

Borrower City

KINGS MOUNTAIN

Borrower State

NC

Borrower Zip

28086

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

KINGS MOUNTAIN

Project County Name

CLEVELAND

Project State

NC

Project Zip

28086-0001

CD

NC-10

Jobs Reported

8

NAICS Code

488999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50567.12

Forgiveness Date

06/25/2021

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