PPP Loan information for Transit u inc.

$89,010

Transit u inc. was initially approved for PPP Loan of amount $89,010, the current approved amount is $89,010. The loan was approved on 03/02/2021 by The Loan Source Incorporated reported 29 jobs and $89,010 was used to fund payroll.

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

TRANSIT U INC.

Date Approved

03/02/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

TRANSIT U INC.

Borrower Address

20578 Turtle Dr

Borrower City

Lewes

Borrower State

DE

Borrower Zip

19958-2663

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

89010.00

Current Approval Amount

89010.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lewes

Project County Name

SUSSEX

Project State

DE

Project Zip

19958-2663

CD

DE-

Jobs Reported

29

NAICS Code

485113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

89007.00

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

Subchapter S Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

74781.53

Forgiveness Date

05/19/2022

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