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Rail Logistics, Inc.

$767,044 PPP Loan in Avon Lake, Ohio

Loan Details

Loan Number
8949347201
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$767,044
Current Approval
$767,044
Forgiveness Amount
$773,475
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rail Logistics, Inc.
Address
32861 Pin Oak Pkwy Unit D
City
Avon Lake
State
Ohio
ZIP Code
44012-3502
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423860)
Business Age
Existing or more than 2 years old
Jobs Reported
77
Estimated Revenue
$23.6M
Rural/Urban
Urban
Congressional District
OH-05

Loan Use Breakdown

Payroll
$767,044

Lender Information

Servicing Lender
The Middlefield Banking Company
Originating Lender
The Middlefield Banking Company

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