509 EXPRESS INC (GA) - 2020 PPP Loan Borrower Profile (# 4843757809)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 509 EXPRESS 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 Georgia.

Loan Detail

Loan Number

4843757809

SBA Office Code

0405

Processing Method

PPP

Curent Loan Amount

$480,000

Date Loan was Approved

May 29, 2020

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

5 Months

Utilities Proced

60,000

Payroll Proced

360,000

Rent Proceed

60,000

Lender

Celtic Bank Corporation

Business Detail

Business Type

Subchapter S Corporation

NAICS

484110

Borrower Location

Norcross, GA

Project Location

Norcross, GA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.