PPP Loan information for Magellan transport logistics, inc.

$1,317,037

Magellan transport logistics, inc. was initially approved for PPP Loan of amount $1,317,037, the current approved amount is $1,317,037. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 103 jobs and $1,317,037 was used to fund payroll.

Magellan transport logistics, inc. is New Business or 2 years or less

MAGELLAN TRANSPORT LOGISTICS, INC.

Date Approved

05/01/2020

SBA Office Code

0491

Processing Method

PPP

Borrower Name

MAGELLAN TRANSPORT LOGISTICS, INC.

Borrower Address

8505 BAYCENTER RD

Borrower City

JACKSONVILLE

Borrower State

FL

Borrower Zip

32256-7467

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1317037.00

Current Approval Amount

1317037.00

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

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

JACKSONVILLE

Project County Name

DUVAL

Project State

FL

Project Zip

32256-7467

CD

FL-05

Jobs Reported

103

NAICS Code

488510

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1317037.00

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

Veteran

Non Profit

Forgiveness Amount

1327032.05

Forgiveness Date

02/05/2021

;