PPP Loan information for Air cargo transit inc.

$313,300

Air cargo transit inc. was initially approved for PPP Loan of amount $316,000, the current approved amount is $313,300. The loan was approved on 01/26/2021 by The MidFirst Bank reported 32 jobs and $313,300 was used to fund payroll.

Air cargo transit inc. is Existing or more than 2 years old

AIR CARGO TRANSIT INC.

Date Approved

01/26/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

AIR CARGO TRANSIT INC.

Borrower Address

2465 S 19th Ave

Borrower City

Phoenix

Borrower State

AZ

Borrower Zip

85009-6952

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

316000.00

Current Approval Amount

313300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

90226

Servicing Lender Name

MidFirst Bank

Servicing Lender Address

501 NW Grand Blvd

Servicing Lender City

OKLAHOMA CITY

Servicing Lender State

OK

Servicing Lender Zip

73118-6037

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Phoenix

Project County Name

MARICOPA

Project State

AZ

Project Zip

85009-6952

CD

AZ-03

Jobs Reported

32

NAICS Code

484122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

313298.00

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

90226

Originating Lender

MidFirst Bank

Originating Lender City

OKLAHOMA CITY

Originating Lender State

OK

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

317747.12

Forgiveness Date

06/30/2022

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