PPP Loan information for Bestway transport inc

$53,700

Bestway transport inc was initially approved for PPP Loan of amount $53,700, the current approved amount is $53,700. The loan was approved on 04/10/2020 by The Peoples Bank reported 7 jobs and $53,700 was used to fund payroll.

Bestway transport inc is Existing or more than 2 years old

BESTWAY TRANSPORT INC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BESTWAY TRANSPORT INC

Borrower Address

7001 Paul Payne Store Rd

Borrower City

TAYLORSVILLE

Borrower State

NC

Borrower Zip

28681-3811

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53700.00

Current Approval Amount

53700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TAYLORSVILLE

Project County Name

ALEXANDER

Project State

NC

Project Zip

28681-3811

CD

NC-10

Jobs Reported

7

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53700.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54214.62

Forgiveness Date

04/05/2021

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