Hot-Line Freight Systems INC

$2,772,300 PPP Loan in West Salem, Wisconsin

Loan Details

Loan Number
5096417006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$2,772,300
Current Approval
$2,772,300
Forgiveness Amount
$2,699,934
Forgiveness Date
Oct 27, 2021
Term
59 months
Draw
First Draw

Business Information

Business Name
Hot-Line Freight Systems INC
Address
Po Box 205 N4690 Bangor Industrial Pkwy
ZIP Code
54669-3300
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484121)
Business Age
Existing or more than 2 years old
Jobs Reported
200
Estimated Revenue
$40.3M
Rural/Urban
Urban
Congressional District
WI-03

Loan Use Breakdown

Payroll
$2,080,000
Rent
$300,000
Utilities
$300,000
Mortgage Interest
$92,300

Lender Information

Servicing Lender
First Citizens Bank
Originating Lender
First Citizens Bank

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