PPP Loan information for Cargotrans inc.

$558,127

Cargotrans inc. was initially approved for PPP Loan of amount $558,127, the current approved amount is $558,127. The loan was approved on 04/13/2020 by The Valley National Bank reported 25 jobs and $558,127 was used to fund payroll.

Cargotrans inc. is Existing or more than 2 years old

CARGOTRANS INC.

Date Approved

04/13/2020

SBA Office Code

0235

Processing Method

PPP

Borrower Name

CARGOTRANS INC.

Borrower Address

170 E Sunrise Highway

Borrower City

VALLEY STREAM

Borrower State

NY

Borrower Zip

11581-1312

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

558127.00

Current Approval Amount

558127.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VALLEY STREAM

Project County Name

NASSAU

Project State

NY

Project Zip

11581-1312

CD

NY-04

Jobs Reported

25

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

558127.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

563336.19

Forgiveness Date

03/23/2021

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