PPP Loan information for Red line freight systems corporation

$433,222

Red line freight systems corporation was initially approved for PPP Loan of amount $433,222, the current approved amount is $433,222. The loan was approved on 08/08/2020 by The Eastern Bank reported 37 jobs and $433,222 was used to fund payroll.

Red line freight systems corporation is Existing or more than 2 years old

RED LINE FREIGHT SYSTEMS CORPORATION

Date Approved

08/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RED LINE FREIGHT SYSTEMS CORPORATION

Borrower Address

109 YORK AVE

Borrower City

RANDOLPH

Borrower State

MA

Borrower Zip

02368-1846

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

433222.00

Current Approval Amount

433222.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RANDOLPH

Project County Name

NORFOLK

Project State

MA

Project Zip

02368-1846

CD

MA-07

Jobs Reported

37

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

433222.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

439166.77

Forgiveness Date

12/21/2021

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