509 TRANSPORT INC (ND) - 2020 PPP Loan Borrower Profile (# 8562597702)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 509 TRANSPORT INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in North Dakota.

Loan Detail

Loan Number

8562597702

SBA Office Code

0875

Processing Method

PPP

Curent Loan Amount

$348,677

Date Loan was Approved

May 1, 2020

Amount Forgiven

$298,656.47

Date Loan was Forgiven

Apr 26, 2022

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

348,677

Lender

Cross River Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

Borrower Location

WATFORD CITY, ND

Project Location

WATFORD CITY, ND

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.