PPP Loan information for Onit transportation inc

$1,019,795

Onit transportation inc was initially approved for PPP Loan of amount $1,019,795, the current approved amount is $1,019,795. The loan was approved on 04/09/2020 by The Mercantile Bank reported 75 jobs and $1,019,795 was used to fund payroll.

Onit transportation inc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Onit transportation inc

ONIT TRANSPORTATION INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ONIT TRANSPORTATION INC

Borrower Address

7377 Expressway Dr SW Suite D

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49548-7109

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1019795.00

Current Approval Amount

1019795.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49548-7109

CD

MI-03

Jobs Reported

75

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

906795.00

Mortgage Interest Proceed

0.00

Rent Proceed

28000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

75000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1025662.31

Forgiveness Date

11/12/2020

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