PPP Loan information for Economy freight inc.

$112,500

Economy freight inc. was initially approved for PPP Loan of amount $112,500, the current approved amount is $112,500. The loan was approved on 04/28/2020 by The Mid Penn Bank reported 14 jobs and $112,500 was used to fund payroll.

Economy freight inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Lakewood / Economy freight inc.

ECONOMY FREIGHT INC.

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ECONOMY FREIGHT INC.

Borrower Address

372 East Kennedy Blvd

Borrower City

Lakewood

Borrower State

NJ

Borrower Zip

08701

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

112500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lakewood

Project County Name

OCEAN

Project State

NJ

Project Zip

08701-0001

CD

NJ-04

Jobs Reported

14

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112500.00

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

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113591.10

Forgiveness Date

04/26/2021

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