PPP Loan information for Transit air cargo inc

$488,468

Transit air cargo inc was initially approved for PPP Loan of amount $488,468, the current approved amount is $488,468. The loan was approved on 05/01/2020 by The Customers Bank reported 31 jobs and $488,468 was used to fund payroll.

Transit air cargo inc is Existing or more than 2 years old

TRANSIT AIR CARGO INC

Date Approved

05/01/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

TRANSIT AIR CARGO INC

Borrower Address

2204 East Fourth Street

Borrower City

Santa Ana

Borrower State

CA

Borrower Zip

92705

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

488468.00

Current Approval Amount

488468.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Santa Ana

Project County Name

ORANGE

Project State

CA

Project Zip

92705-1000

CD

CA-46

Jobs Reported

31

NAICS Code

488510

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

488468.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

497581.61

Forgiveness Date

03/17/2022

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