PPP Loan information for Y & m transit inc.

$4,366,200

Y & m transit inc. was initially approved for PPP Loan of amount $4,366,200, the current approved amount is $4,366,200. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 498 jobs and $4,366,200 was used to fund payroll.

Y & m transit inc. is Existing or more than 2 years old

Y & M TRANSIT INC.

Date Approved

04/15/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

Y & M TRANSIT INC.

Borrower Address

1 Coffey Street

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11231

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

4366200.00

Current Approval Amount

4366200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11231-0001

CD

NY-10

Jobs Reported

498

NAICS Code

485410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3375068.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

991132.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4443834.62

Forgiveness Date

02/01/2022

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