PPP Loan information for Preferred transit llc

$24,500

Preferred transit llc was initially approved for PPP Loan of amount $24,500, the current approved amount is $24,500. The loan was approved on 03/08/2021 by The Manufacturers and Traders Trust Company reported 11 jobs and $24,500 was used to fund payroll.

Preferred transit llc is Existing or more than 2 years old

PREFERRED TRANSIT LLC

Date Approved

03/08/2021

SBA Office Code

0341

Processing Method

PPP

Borrower Name

PREFERRED TRANSIT LLC

Borrower Address

515 Stone Ridge Dr

Borrower City

Dover

Borrower State

DE

Borrower Zip

19901-8209

Loan Status Date

11/16/2022

Loan Status

Charged Off

Term

40

SBA Guaranty Percentage

100

Initial Approval Amount

24500.00

Current Approval Amount

24500.00

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

Dover

Project County Name

KENT

Project State

DE

Project Zip

19901-8209

CD

DE-

Jobs Reported

11

NAICS Code

621910

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

24495.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;