PPP Loan information for Transit tec inc.

$344,893

Transit tec inc. was initially approved for PPP Loan of amount $344,893, the current approved amount is $344,893. The loan was approved on 02/04/2021 by The Sentry Bank reported 42 jobs and $344,893 was used to fund payroll.

Transit tec inc. is Existing or more than 2 years old

PPP Loan Search / MN / Saint Cloud / Transit tec inc.

TRANSIT TEC INC.

Date Approved

02/04/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TRANSIT TEC INC.

Borrower Address

23610 67th Ave

Borrower City

Saint Cloud

Borrower State

MN

Borrower Zip

56301-4192

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

344892.50

Current Approval Amount

344892.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38828

Servicing Lender Name

Sentry Bank

Servicing Lender Address

400 4th Ave NE

Servicing Lender City

SAINT JOSEPH

Servicing Lender State

MN

Servicing Lender Zip

56374-8644

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Cloud

Project County Name

STEARNS

Project State

MN

Project Zip

56301-4192

CD

MN-06

Jobs Reported

42

NAICS Code

488490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

344889.50

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

Subchapter S Corporation

Originating Lender Location Id

38828

Originating Lender

Sentry Bank

Originating Lender City

SAINT JOSEPH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

346070.88

Forgiveness Date

06/14/2021

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