PPP Loan information for American transit insurance company

$7,518,397

American transit insurance company was initially approved for PPP Loan of amount $7,518,397, the current approved amount is $7,518,397. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 500 jobs and $7,518,397 was used to fund payroll.

American transit insurance company is Existing or more than 2 years old

PPP Loan Search / NY / Brooklyn / American transit insurance company

AMERICAN TRANSIT INSURANCE COMPANY

Date Approved

04/09/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

AMERICAN TRANSIT INSURANCE COMPANY

Borrower Address

1 MetroTech Center 7th Floor 0.0

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11201-3949

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7518397.00

Current Approval Amount

7518397.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

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

11201-3949

CD

NY-07

Jobs Reported

500

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18398.00

Payroll Proceed

5999999.00

Mortgage Interest Proceed

0.00

Rent Proceed

300000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1200000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7627894.10

Forgiveness Date

09/28/2021

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