PPP Loan information for People's transit ltd.

$279,832

People's transit ltd. was initially approved for PPP Loan of amount $279,832, the current approved amount is $279,832. The loan was approved on 02/06/2021 by The JPMorgan Chase Bank, National Association reported 36 jobs and $279,832 was used to fund payroll.

People's transit ltd. is Existing or more than 2 years old

PPP Loan Search / MI / Romulus / People's transit ltd.

PEOPLE'S TRANSIT LTD.

Date Approved

02/06/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PEOPLE'S TRANSIT LTD.

Borrower Address

29017 Highland Rd

Borrower City

Romulus

Borrower State

MI

Borrower Zip

48174-2531

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

279832.00

Current Approval Amount

279832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Romulus

Project County Name

WAYNE

Project State

MI

Project Zip

48174-2531

CD

MI-13

Jobs Reported

36

NAICS Code

485111

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

279830.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

281804.97

Forgiveness Date

10/27/2021

;