PPP Loan information for Rapid transit company

$59,900

Rapid transit company was initially approved for PPP Loan of amount $59,900, the current approved amount is $59,900. The loan was approved on 01/26/2021 by The Citizens Bank, National Association reported 7 jobs and $59,900 was used to fund payroll.

Rapid transit company is Existing or more than 2 years old

PPP Loan Search / PA / Erie / Rapid transit company

RAPID TRANSIT COMPANY

Date Approved

01/26/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

RAPID TRANSIT COMPANY

Borrower Address

1304 Sassafras St

Borrower City

Erie

Borrower State

PA

Borrower Zip

16501-1721

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

59900.00

Current Approval Amount

59900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Erie

Project County Name

ERIE

Project State

PA

Project Zip

16501-1721

CD

PA-16

Jobs Reported

7

NAICS Code

484110

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

59898.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

60220.01

Forgiveness Date

08/13/2021

;