509 Express INC

$480,000 PPP Loan in Norcross, Georgia

Loan Details

Loan Number
4843757809
Date Approved
May 29, 2020
Loan Status
Charged Off
Initial Approval
$480,000
Current Approval
$480,000
Forgiveness Amount
$0
Forgiveness Date
N/A
Term
5 months
Draw
First Draw

Business Information

Business Name
509 Express INC
Address
4800 Springs Lane
State
Georgia
ZIP Code
30092
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (484110)
Business Age
New Business or 2 years or less
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
GA-07

Loan Use Breakdown

Payroll
$360,000
Rent
$60,000
Utilities
$60,000

Lender Information

Servicing Lender
Celtic Bank Corporation
Originating Lender
Celtic Bank Corporation

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