Date Approved
02/23/2021
SBA Office Code
0507
Processing Method
PPS
Borrower Name
RABIT TRANSIT INC
Borrower Address
1760 Britannia Dr Ste 7
Borrower City
Elgin
Borrower State
IL
Borrower Zip
60124-7814
Loan Status Date
02/19/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
226470.87
Current Approval Amount
255337.50
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
21238
Servicing Lender Name
First American Bank
Servicing Lender Address
700 Busse Rd
Servicing Lender City
ELK GROVE VILLAGE
Servicing Lender State
Servicing Lender Zip
60007-2137
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KANE
Project State
Project Zip
CD
IL-08
Jobs Reported
23
NAICS Code
484110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
255333.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
257600.07
Forgiveness Date
01/18/2022