PPP Loan information for Express transit inc

$387,422

Express transit inc was initially approved for PPP Loan of amount $387,422, the current approved amount is $387,422. The loan was approved on 04/30/2020 by The BMO Harris Bank National Association reported 60 jobs and $387,422 was used to fund payroll.

Express transit inc is New Business or 2 years or less

EXPRESS TRANSIT INC

Date Approved

04/30/2020

SBA Office Code

0942

Processing Method

PPP

Borrower Name

EXPRESS TRANSIT INC

Borrower Address

4930 Boylan St.

Borrower City

Bakersfield

Borrower State

CA

Borrower Zip

93308

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

387422.00

Current Approval Amount

387422.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Bakersfield

Project County Name

KERN

Project State

CA

Project Zip

93308-0001

CD

CA-20

Jobs Reported

60

NAICS Code

485111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

387422.00

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

Subchapter S Corporation

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

391317.74

Forgiveness Date

05/06/2021

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