PPP Loan information for Northeastern transit inc

$245,621

Northeastern transit inc was initially approved for PPP Loan of amount $245,621, the current approved amount is $245,621. The loan was approved on 01/21/2021 by The Peoples Security Bank and Trust Company reported 77 jobs and $245,621 was used to fund payroll.

Northeastern transit inc is Existing or more than 2 years old

NORTHEASTERN TRANSIT INC

Date Approved

01/21/2021

SBA Office Code

0303

Processing Method

PPP

Borrower Name

NORTHEASTERN TRANSIT INC

Borrower Address

625 Capouse Ave # 625

Borrower City

Scranton

Borrower State

PA

Borrower Zip

18509-3119

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

245620.62

Current Approval Amount

245620.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60312

Servicing Lender Name

Peoples Security Bank and Trust Company

Servicing Lender Address

150 N Washington Ave

Servicing Lender City

SCRANTON

Servicing Lender State

PA

Servicing Lender Zip

18503-1843

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Scranton

Project County Name

LACKAWANNA

Project State

PA

Project Zip

18509-3119

CD

PA-08

Jobs Reported

77

NAICS Code

485410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

245615.62

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

60312

Originating Lender

Peoples Security Bank and Trust Company

Originating Lender City

SCRANTON

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

246794.14

Forgiveness Date

07/21/2021

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