PPP Loan information for Direct mobile transit

$63,990

Direct mobile transit was initially approved for PPP Loan of amount $63,990, the current approved amount is $63,990. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 17 jobs and $63,990 was used to fund payroll.

Direct mobile transit is Existing or more than 2 years old

DIRECT MOBILE TRANSIT

Date Approved

04/14/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

DIRECT MOBILE TRANSIT

Borrower Address

2110 Duncan Road Suite #3

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19808

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63990.00

Current Approval Amount

63990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19808-0001

CD

DE-

Jobs Reported

17

NAICS Code

485991

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

948.00

Payroll Proceed

59742.00

Mortgage Interest Proceed

0.00

Rent Proceed

3300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64815.73

Forgiveness Date

08/05/2021

;