PPP Loan information for Cargotel inc

$239,803

Cargotel inc was initially approved for PPP Loan of amount $239,803, the current approved amount is $239,803. The loan was approved on 01/25/2021 by The Bank of America, National Association reported 11 jobs and $239,803 was used to fund payroll.

Cargotel inc is Existing or more than 2 years old

CARGOTEL INC

Date Approved

01/25/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

CARGOTEL INC

Borrower Address

1807 Circle Rd

Borrower City

Towson

Borrower State

MD

Borrower Zip

21204-6416

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

239803.00

Current Approval Amount

239803.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Towson

Project County Name

BALTIMORE

Project State

MD

Project Zip

21204-6416

CD

MD-02

Jobs Reported

11

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

239803.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

240998.73

Forgiveness Date

07/28/2021

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