PPP Loan information for Transit systems, inc.

$497,662

Transit systems, inc. was initially approved for PPP Loan of amount $497,662, the current approved amount is $497,662. The loan was approved on 04/14/2020 by The TD Bank, National Association reported 33 jobs and $497,662 was used to fund payroll.

Transit systems, inc. is Existing or more than 2 years old

TRANSIT SYSTEMS, INC.

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

TRANSIT SYSTEMS, INC.

Borrower Address

999 Old Eagle School Road Suite 114

Borrower City

WAYNE

Borrower State

PA

Borrower Zip

19087

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

497662.00

Current Approval Amount

497662.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYNE

Project County Name

DELAWARE

Project State

PA

Project Zip

19087-0001

CD

PA-06

Jobs Reported

33

NAICS Code

485999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

497662.00

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

Subchapter S Corporation

Originating Lender Location Id

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

503578.65

Forgiveness Date

06/24/2021

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