Powerline Freight Systems, Inc.

$636,477 PPP Loan in Chandler, Indiana

Loan Details

Loan Number
1139847107
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$636,477
Current Approval
$636,477
Forgiveness Amount
$639,957
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Powerline Freight Systems, Inc.
Address
740 W Washington St
State
Indiana
ZIP Code
47610-9639
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484121)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$9.9M
Rural/Urban
Urban
Congressional District
IN-08

Loan Use Breakdown

Payroll
$636,477

Lender Information

Servicing Lender
German American Bank
Originating Lender
German American Bank

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