PPP Loan information for Colonial freight systems, inc.

$659,912

Colonial freight systems, inc. was initially approved for PPP Loan of amount $659,912, the current approved amount is $659,912. The loan was approved on 04/28/2020 by The First Horizon Bank reported 66 jobs and $659,912 was used to fund payroll.

Colonial freight systems, inc. is Existing or more than 2 years old

PPP Loan Search / TN / KNOXVILLE / Colonial freight systems, inc.

COLONIAL FREIGHT SYSTEMS, INC.

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

COLONIAL FREIGHT SYSTEMS, INC.

Borrower Address

10924 MCBRIDE LN

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37932-3221

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

659912.00

Current Approval Amount

659912.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37932-3221

CD

TN-02

Jobs Reported

66

NAICS Code

484230

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14999.00

Payroll Proceed

563413.00

Mortgage Interest Proceed

0.00

Rent Proceed

64000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

17500

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

666327.81

Forgiveness Date

04/21/2021

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