Freight Management Inc.

$708,823 PPP Loan in Muscle Shoals, Alabama

Loan Details

Loan Number
2527757100
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$708,823
Current Approval
$708,823
Forgiveness Amount
$713,234
Forgiveness Date
Nov 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Freight Management Inc.
Address
2120 Ford Road
State
Alabama
ZIP Code
35661-1165
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (484110)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
$10.1M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$637,565
Rent
$36,000
Utilities
$35,258

Lender Information

Servicing Lender
Cb&s Bank
Originating Lender
Cb&s Bank

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