PPP Loan information for Transit u

$89,010

Transit u was initially approved for PPP Loan of amount $89,010, the current approved amount is $89,010. The loan was approved on 04/14/2020 by The Wilmington Savings Fund Society, FSB reported 29 jobs and $89,010 was used to fund payroll.

Transit u is Existing or more than 2 years old

TRANSIT U

Date Approved

04/14/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

TRANSIT U

Borrower Address

20331 JOHN J WILLIAMS HWY

Borrower City

LEWES

Borrower State

DE

Borrower Zip

19958-4305

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89010.35

Current Approval Amount

89010.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEWES

Project County Name

SUSSEX

Project State

DE

Project Zip

19958-4305

CD

DE-

Jobs Reported

29

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

89010.35

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89632.20

Forgiveness Date

01/08/2021

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