PPP Loan information for Paratransit, inc.

$1,990,000

Paratransit, inc. was initially approved for PPP Loan of amount $2,596,000, the current approved amount is $1,990,000. The loan was approved on 04/09/2020 by The Five Star Bank reported 224 jobs and $1,990,000 was used to fund payroll.

Paratransit, inc. is Existing or more than 2 years old

PARATRANSIT, INC.

Date Approved

04/09/2020

SBA Office Code

0931

Processing Method

PPP

Borrower Name

PARATRANSIT, INC.

Borrower Address

2501 FLORIN RD

Borrower City

SACRAMENTO

Borrower State

CA

Borrower Zip

95822-4467

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2596000.00

Current Approval Amount

1990000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124369

Servicing Lender Name

Five Star Bank

Servicing Lender Address

3100 Zinfandel Dr. Ste. 650

Servicing Lender City

Rancho Cordova

Servicing Lender State

CA

Servicing Lender Zip

95670

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SACRAMENTO

Project County Name

SACRAMENTO

Project State

CA

Project Zip

95822-4467

CD

CA-07

Jobs Reported

224

NAICS Code

485991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1990000.00

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

Corporation

Originating Lender Location Id

124369

Originating Lender

Five Star Bank

Originating Lender City

Rancho Cordova

Originating Lender State

CA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2007744.17

Forgiveness Date

02/26/2021

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