PPP Loan information for Rabit transit, inc.

$255,338

Rabit transit, inc. was initially approved for PPP Loan of amount $255,338, the current approved amount is $255,338. The loan was approved on 04/14/2020 by The First American Bank reported 20 jobs and $255,338 was used to fund payroll.

Rabit transit, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ELGIN / Rabit transit, inc.

RABIT TRANSIT, INC.

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RABIT TRANSIT, INC.

Borrower Address

1760 BRITANNIA DR SUITE 7

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60124-7814

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

255337.50

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

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60124-7814

CD

IL-08

Jobs Reported

20

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

255337.50

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

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

257358.92

Forgiveness Date

02/04/2021

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