PPP Loan information for American transit

$139,500

American transit was initially approved for PPP Loan of amount $139,500, the current approved amount is $139,500. The loan was approved on 02/22/2021 by The Readycap Lending, LLC reported 7 jobs and $139,500 was used to fund payroll.

American transit is Existing or more than 2 years old

AMERICAN TRANSIT

Date Approved

02/22/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AMERICAN TRANSIT

Borrower Address

25397 Van Born Rd # 4

Borrower City

Taylor

Borrower State

MI

Borrower Zip

48180-1219

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

139500.00

Current Approval Amount

139500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Taylor

Project County Name

WAYNE

Project State

MI

Project Zip

48180-1219

CD

MI-13

Jobs Reported

7

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

139498.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

140757.41

Forgiveness Date

01/21/2022

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