PPP Loan information for Reliable transportation inc

$360,000

Reliable transportation inc was initially approved for PPP Loan of amount $360,000, the current approved amount is $360,000. The loan was approved on 04/27/2020 by The Eastern Bank reported 79 jobs and $360,000 was used to fund payroll.

Reliable transportation inc is New Business or 2 years or less

RELIABLE TRANSPORTATION INC

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RELIABLE TRANSPORTATION INC

Borrower Address

239 LITTLETON RD UNIT 4C

Borrower City

WESTFORD

Borrower State

MA

Borrower Zip

01886

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

360000.00

Current Approval Amount

360000.00

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WESTFORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01886-0001

CD

MA-03

Jobs Reported

79

NAICS Code

481111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

360000.00

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

Veteran

Non Profit

Forgiveness Amount

303155.50

Forgiveness Date

08/17/2021

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