PPP Loan information for Transit solutions inc

$341,652

Transit solutions inc was initially approved for PPP Loan of amount $341,652, the current approved amount is $341,652. The loan was approved on 01/20/2021 by The Lake Ridge Bank reported 27 jobs and $341,652 was used to fund payroll.

Transit solutions inc is Existing or more than 2 years old

PPP Loan Search / WI / McFarland / Transit solutions inc

TRANSIT SOLUTIONS INC

Date Approved

01/20/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

TRANSIT SOLUTIONS INC

Borrower Address

5315 Paulson Rd

Borrower City

McFarland

Borrower State

WI

Borrower Zip

53558-9137

Loan Status Date

07/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

341652.00

Current Approval Amount

341652.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75741

Servicing Lender Name

Lake Ridge Bank

Servicing Lender Address

1205 Main St

Servicing Lender City

CROSS PLAINS

Servicing Lender State

WI

Servicing Lender Zip

53528-9479

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

McFarland

Project County Name

DANE

Project State

WI

Project Zip

53558-9137

CD

WI-02

Jobs Reported

27

NAICS Code

485991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

341648.00

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

75741

Originating Lender

Lake Ridge Bank

Originating Lender City

CROSS PLAINS

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

346247.92

Forgiveness Date

06/03/2022

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