Arab Cartage & Express Co Inc.

$840,400 PPP Loan in Arab, Alabama

Loan Details

Loan Number
9411147105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$840,400
Current Approval
$840,400
Forgiveness Amount
$851,068
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arab Cartage & Express Co Inc.
Address
1101 Nathan Road SW
City
Arab
State
Alabama
ZIP Code
35016
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484110)
Business Age
Existing or more than 2 years old
Jobs Reported
73
Estimated Revenue
$11.0M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$840,400

Lender Information

Servicing Lender
Peoples Bank of Alabama
Originating Lender
Peoples Bank of Alabama

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