PPP Loan information for Transit, l.l.c.

$1,145,800

Transit, l.l.c. was initially approved for PPP Loan of amount $1,145,800, the current approved amount is $1,145,800. The loan was approved on 04/07/2020 by The Macatawa Bank reported 95 jobs and $1,145,800 was used to fund payroll.

Transit, l.l.c. is Existing or more than 2 years old

PPP Loan Search / MI / KALAMAZOO / Transit, l.l.c.

TRANSIT, L.L.C.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TRANSIT, L.L.C.

Borrower Address

5622 W MAIN ST

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49009-1014

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1145800.00

Current Approval Amount

1145800.00

Undisbursed Amount

0.00

Franchise Name

Subaru Dealer Agreement

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49009-1014

CD

MI-04

Jobs Reported

95

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1145800.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1142894.86

Forgiveness Date

12/02/2020

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