PPP Loan information for In-transit group inc.

$220,000

In-transit group inc. was initially approved for PPP Loan of amount $135,000, the current approved amount is $220,000. The loan was approved on 05/31/2020 by The Fountainhead SBF LLC reported 11 jobs and $220,000 was used to fund payroll.

In-transit group inc. is New Business or 2 years or less

PPP Loan Search / OH / North Canton / In-transit group inc.

IN-TRANSIT GROUP INC.

Date Approved

05/31/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

IN-TRANSIT GROUP INC.

Borrower Address

6725 Promway Avenue Northwest

Borrower City

North Canton

Borrower State

OH

Borrower Zip

44720-7317

Loan Status Date

01/11/2022

Loan Status

Charged Off

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

135000.00

Current Approval Amount

220000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

524612

Servicing Lender Name

Fountainhead SBF LLC

Servicing Lender Address

3216 W. Lake Mary Blvd

Servicing Lender City

LAKE MARY

Servicing Lender State

FL

Servicing Lender Zip

32746

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

North Canton

Project County Name

STARK

Project State

OH

Project Zip

44720-7317

CD

OH-13

Jobs Reported

11

NAICS Code

484121

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

220000.00

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

524612

Originating Lender

Fountainhead SBF LLC

Originating Lender City

LAKE MARY

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;