PPP Loan information for Onit transportation inc.

$1,019,795

Onit transportation inc. was initially approved for PPP Loan of amount $1,019,795, the current approved amount is $1,019,795. The loan was approved on 01/22/2021 by The Mercantile Bank reported 61 jobs and $1,019,795 was used to fund payroll.

Onit transportation inc. is Existing or more than 2 years old

ONIT TRANSPORTATION INC.

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ONIT TRANSPORTATION INC.

Borrower Address

7377 Expressway Dr SW Ste D

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49548-7980

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1019795.00

Current Approval Amount

1019795.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49548-7980

CD

MI-03

Jobs Reported

61

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1019792.00

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1026584.32

Forgiveness Date

09/27/2021

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