Traxion INC

$153,800 PPP Loan in Van Buren, Arkansas

Loan Details

Loan Number
7837237008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$153,800
Current Approval
$153,800
Forgiveness Amount
$155,250
Forgiveness Date
Mar 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Traxion INC
Address
517 South 28th Street
ZIP Code
72956-6119
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423120)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AR-03

Loan Use Breakdown

Payroll
$115,350
Rent
$12,817
Utilities
$12,817
Mortgage Interest
$12,817

Lender Information

Servicing Lender
The First National Bank of Fort Smith
Originating Lender
The First National Bank of Fort Smith

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